Raytheon Wins Potential $237M Missile Services Contract for Foreign Militaries

Raytheon Co. has won a $140 million cost-plus-fixed-fee contract to provide calendar year 2013 Evolved Seasparrow Missile Design Agent, in-service support, technical engineering support services and Block 2 risk reduction support to the U.S. Navy and various governments via foreign military sales.

This contract includes options that, if exercised, would bring its cumulative value to $237 million.

Work will be performed primarily in Tucson, Ariz., and the rest in various parts of the world. The expected completion date is December 2013.

Funding in the total amount of $13, 027, 010 will be obligated at time of award and will not expire at the end of current fiscal year.

The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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