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Raytheon Wins $219.5M Modification from Missile Defense Agency

The Missile Defense Agency is awarding a $219, 502, 270 cost-plus-award-fee, cost-plus-incentive-fee, and cost-plus-fixed-fee contract modification to Raytheon Missile Systems Co. (NYSE: RTN), Tucson, Ariz. The modification’s performance period is through Sept. 30, 2015, and raises the total contract value to $294, 502, 270. Raytheon will have access to $32 million in fiscal 2011 research, development, test and evaluation funds.

Raytheon will principally provide the engineering, development, testing, support and material necessary to deliver an SM-3 Block 1B missile for Flight Test Mission 16.  It will also provide service engineering support, production engineering and obsolecence, surveillance and flight test support, and travel.

The work will be performed in Tucson, Ariz. The Missile Defense Agency, Dahlgren Naval Base, Va., is the contracting activity.

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