Author: Jane Edwards|| Date Published: May 31, 2016
The U.S. Navy has awarded Raytheon (NYSE: RTN) a potential six-year, $423 million contract to produce Aegis missile guidance system components and provide engineering support for the service branch and the governments of Japan and South Korea.
The Naval Sea Systems Command will obligate $365.8 million from the military branch™s fiscal 2016 shipbuilding and conversion funds and foreign military sales funds at the time of award, the Defense Departmentsaid Friday.
The cost-plus-fixed-fee, fixed-price-incentive contract covers AN/SPY-1D(V) radar transmitter groups and MK 99 missile fire control systems and was awarded as part of a foreign military sales program.
Raytheon said AN/SPY-1D(V) works to help the Aegis missile guidance system search and track targets, while the MK 99 fire control equipment alerts the missile control station of aerial threats.
Work will occur in Massachusetts, New Jersey, Virginia and Ontario, Canada, through October 2022, according to DoD.
Former CACI International executive Jeffrey Keen has been named senior vice president of federal civilian programs at defense and national security company Xcelerate Solutions.…
Pradeep Paruchuri, senior director of solutions engineering at UiPath, said agentic artificial intelligence could help government agencies improve efficiency by…
The U.S. Navy has awarded Raytheon (NYSE: RTN) a potential six-year, $423 million contract to produce Aegis missile guidance system components and provide engineering support for the service branch and the governments of Japan and South Korea.
