Home / Contract Awards / Raytheon Gets Potential $848M Contract to Help Navy Build ‘Over-the-Horizon’ Weapon System

Raytheon Gets Potential $848M Contract to Help Navy Build ‘Over-the-Horizon’ Weapon System

Raytheon (NYSE: RTN) has secured a potential $847.6 million contract to produce an “over-the-horizon” weapon system for the U.S. Navy‘s littoral combat and frigate ships.

OTH-WS will consist of a fire control suite and launching mechanisms with encanistered missiles, the Defense Department said Thursday.

The firm-fixed-price contract has a $14.8 million initial value and also includes training courses and devices, mission support equipment and engineering services.

Work will run through May 2020 at various locations in Kentucky, Arizona, Texas, Norway and Germany.

The Naval Sea Systems Command received one offer for project and will obligate $14.8 million at the time of award from the service branch’s fiscal 2018 research, development, test and evaluation; and “other” procurement funds.

Check Also

Air Force Seeks Info on E-4B Airborne Ops Center Aircraft Replacement Program

The Air Force has issued a presolicitation notice to seek information on a new aircraft to replace its fleet of legacy E-4B National Airborne Operations Center planes. A notice posted Wednesday on beta SAM website says the proposed Survivable Airborne Operations Center Weapon System aircraft will be a key National Military Command System component in support of the president, defense secretary and the Joint Chiefs of Staff.

Navy Contingency Construction IDIQ Modification Increases Contract Value to $1.2B

The U.S. Navy has awarded four companies a $92M modification that increases the potential value of an indefinite-delivery/indefinite-quantity contract for global contingency construction services to $1.24B. AECOM's (NYSE: ACM) URS subsidiary, Jacobs Engineering Group's (NYSE: JEC) CH2M business, KBR (NYSE: KBR) and Environmental Chemical Corp. hold positions on the IDIQ.