Home / Contract Awards / Raytheon Wins $162M to Provide U.S. Navy Logistics Support; Will Support 6 Foreign Governments

Raytheon Wins $162M to Provide U.S. Navy Logistics Support; Will Support 6 Foreign Governments

The U.S. Navy has awarded Raytheon Co.‘s (NYSE: RTN) missile systems business a maximum $162, 239, 835 to provide performance-based logistics support for the Phalanx close-in-weapon system.

Raytheon will also provide contract items to the U.K. and the governments of Bahrain, Japan, Poland, Australia and New Zealand.

Work will be performed in Louisville, Ky., and is expected to be completed August 2016.

International orders will be issued in separate delivery orders.

Check Also

Kevin McDonnell to Join AeroVironment as SVP, CFO

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

Army Engineers Select Brayman for $320M Bluestone Dam Rehabilitation Contract

Brayman Construction has landed a potential nine-year, $319.6M contract from the U.S. Army Corps of Engineers to renovate recreational areas and equipment at the Bluestone Dam's stilling basin in West Virginia.