Home / Contract Awards / Raytheon Gets $77M Air Force Contract Option to Produce Lot 4 SDB II Munitions, Equipment

Raytheon Gets $77M Air Force Contract Option to Produce Lot 4 SDB II Munitions, Equipment

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $77.3 million contract option for the low-rate initial production of lot 4 Small Diameter Bomb II munitions.

Raytheon’s missile systems business will manufacture 570 SDB II units along with 524 single and dual weapon containers under the exercised option, the Defense Department said Tuesday.

The sole-source award will also fund 20 production reliability incentive demonstration effort captive vehicles, 24 SDB II lot 3 weapon load crew trainers, conventional munitions maintenance trainers and supplementary data.

The Air Force will obligate the full amount of the contract option from its fiscal 2017 and fiscal 2018 missile procurement funds at the time of award.

Work is scheduled to be complete by July 31, 2020.

Check Also

FCC, Industry Mark Commercial Deployment of Shared-Spectrum Wireless Connectivity Service

The Federal Communications Commission has authorized the Citizens Broadband Radio Service Alliance to roll out an LTE-based wireless connectivity service in the 3.5 GHz spectrum.

Perspecta Labs Recognized for Cybersecurity Innovations Under DARPA Program; Mac Curtis Quoted

Perspecta's (NYSE: PRSP) applied research arm has been selected to receive a 2019 Industry Innovator award for introducing three cybersecurity technology platforms through the Defense Advanced Research Projects Agency’s Rapid Attack Detection, Isolation and Characterization Systems program.