The firm-fixed-price, fixed-price incentive contract is for low-rate initial production of fiscal 2012 Standard Missile-6 Block I all-up rounds.
In addition, the company will manufacture SM-6 Block I special tooling and test equipment, containers and spare parts.
At the time of award, Raytheon will receive an initial $63, 436, 062 in contract funds.
A majority of the work will occur in Tucson, Ariz and the Pentagon expects work to finish by March 2015.
The Naval Sea Systems Command in Washington is the contracting activity.