The U.S. Missile Defense Agency has awarded Raytheon’s (NYSE: RTN) missile systems business a $48, 014, 215 contract modification, increasing the total contract value to $334, 532, 300.
Raytheon will continue to perform or provide engineering services, material for systems engineering, design and development support, and initial hardware fabrication for the standard missile-3 Block IIA.
The performance period runs through Oct. 31, 2011 and work will be performed in Tucson, Ariz.
The MDA, Dahlgren, Va., is the contracting activity.