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Raytheon Wins Combined Air Force, Navy Infrared Missile Contract

Raytheon (NYSE: RTN) has won a $39.6 million U.S. Navy contract modification to produce and deliver infrared missiles, Raytheon announced Monday.

According to the Defense Department, the contract combines purchases from the U.S. Air Force ($35, 490, 235) and Navy ($4, 133, 673).

Raytheon will provide:

  • 47 AIM-9X Block II all up round tactical missiles
  • 47 active optical target detectors
  • 51 captive air training missiles
  • 29 containers
  • Special test equipment and spare components

Work is expected to be completed in January 2014. The Naval Air Systems Command is the contracting activity.

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