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  • Thursday, April 25, 2024

Raytheon Wins $289M Taiwan Radar Support Sale

Raytheon (NYSE: RTN) has won a $289, 458, 942 U.S. Air Force contract to provide sustainment support for an early warning radar system.

The Defense Department said this contract supports the Taiwan Surveillance Radar Program through a foreign military sale.

Work will occur in Taiwan through Nov. 8, 2017 and Hanscom Air Force Base, Mass. is the contracting activity.

According to a FedBizOpps post, the program aims to provide Taiwan two ultra high frequency phased array radars and up to four missile warning centers for missile warning, air breathing threats and maritime ship tracking missions.

The Air Force estimated the initial buy of the radar and two centers was valued at $830 million over four years, with remaining radars and centers covered under contract options.

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