Raytheon Wins $700M Space Defense Warning System Support IDIQ

Raytheon logoThe U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential $700 million contract to support a technology infrastructure that works to analyze and deliver early warning for U.S. space threats.

Raytheon’s technical services business will help sustain the Integrated Tactical Warning/Attack Assessment system for the North American Aerospace Defense Command, the Defense Department said Monday.

Work will occur at Peterson Air Force Base and Cheyenne Mountain Air Force Station in Colorado,  Vandenberg Air Force Base in California and Offutt Air Force Base in Nebraska.

The military service received two proposals for the ITW/AA and space support program through a competitive procurement.

DoD expects contract work to finish by March 30, 2020.

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