Author: Nichols Martin|| Date Published: May 11, 2018
Raytheon‘s (NYSE: RTN) missile systems business has received a potential $529.7 million contract to provide updated Rolling Airframe Missiles to the U.S. Navy and three foreign military sales customers.
The company will supply RAM Block 2 guided missile round pack, ordnance alterations and spares under the firm-fixed-price contract, the Defense Departmentsaid Thursday.
RAM is designed to counter anti-ship missiles and the system’s latest variant is equipped with rocket motor, control section and radio frequency receiver technologies.
The Navy will obligate $242 million at the time of award to cover fiscal 2018 purchases from the service branch and Qatar. DoD noted the contract also includes purchases from Egypt and Turkey.
Work will take place at locations in Germany, Arizona, Virginia, Texas, Ohio, Scotland, Massachusetts and other U.S. locations through September 2023.
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The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…