Home / Contract Awards / Raytheon to Support Navy Phalanx, SeaRAM Weapon Systems Under Potential $399M Contract

Raytheon to Support Navy Phalanx, SeaRAM Weapon Systems Under Potential $399M Contract

Raytheon (NYSE: RTN) has been awarded a potential $398.6 million contract by the U.S. Navy to provide design agent engineering and technical services for the military branch’s close-in weapon and anti-ship missile defense systems.

Work covers support for Phalanx Close-in Weapon System, SeaRAM and Land-based Phalanx Weapon System at various locations in the U.S. through January 2018, the Defense Department said Tuesday.

The cost-plus-fixed-fee contract contains a $64.6 million base value and foreign military sales to Saudi Arabia, Taiwan, Canada, U.K., South Korea, Portugal and Greece.

The Navy obligated $5.8 million at the time of award from the branch’s fiscal 2017 weapons procurement; foreign military sales; and fiscal 2015 and 2016 shipbuilding conversion funds.

Phalanx is a key component of the Fleet Defense In-Depth concept and the Ship Self-Defense Program and designed to automatically identify, track and engage low- and high-flying anti-ship missile threats.

Check Also

Dr. Rumman Chowdhury, Global Lead for Ethical AI at Accenture, Visits Washington D.C. to Discuss American AI Initiative

Rumman Chowdhury, Global Lead for Ethical AI for Accenture, is in Washington D.C. this week …

Boeing Names Marc Allen, Michael Arthur, John Slattery to New Leadership Roles

Boeing (NYSE: BA) has appointed three executives to new leadership roles as part of efforts to …