Hello, Guest!
  • Monday, April 29, 2024

Raytheon to Supply F/A-18 Configuration D Kits Under $91M Navy Contract


Raytheon (NYSE: RTN) has secured a $90.8 million contract to refurbish components on the U.S. Navy‘s fleet of F/A-18 Hornet multirole aircraft.

The Defense Department said Tuesday that Raytheon will provide 206 retrofit components and four validation and verification kits for F/A-18 Configuration D as part of three engineering change proposals.

Hornet fighter jets are designed to support various air superiority, close and deep air support, fighter escort, forward air control, reconnaissance, day and night strike missions.

The Naval Air Systems Command will obligate the full contract amount from the service branch’s fiscal year 2016 and 2017 aircraft procurement funds.

Raytheon will perform work in California, Massachusetts and Mississippi through October 2019.

Video of the Day

Related Articles

Report: BAE to Build $139M Defense Aerospace Facility in Iowa M&A Activity

Report: BAE to Build $139M Defense Aerospace Facility in Iowa

BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city, The Gazette reported Friday. Construction work on the proposed 200K-square-foot defense aerospace facility is expected to kick off by October and conclude by September 2022. Ryan Companies US will serve as the project’s developer.

State Dept OKs $155M in Harpoon Block II, MK 54 Lightweight Torpedo Requests From India Contract Awards

State Dept OKs $155M in Harpoon Block II, MK 54 Lightweight Torpedo Requests From India

The State Department has approved India’s request to buy AGM-84L Harpoon Block II air-launched missiles, MK 54 lightweight torpedoes and related equipment under two foreign military sales agreements worth $155M combined.

UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted M&A Activity

UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker symbol on the New York Stock Exchange.