Raytheon Awarded Potential $353M Navy Contract for Rolling Airframe Missile Components

Jeff Brody

Raytheon (NYSE: RTN) has secured a potential $353.3M contract from the U.S. Navy to provide guided missile round packs and spare replacement parts for the Block 2 and 2A variants of the Rolling Airframe Missile system.

The effort includes foreign military sales to Turkey, the United Arab Emirates, Saudi Arabia, Egypt and Germany, the Department of Defense said Monday.

Naval Sea Systems Command is the contracting activity and will obligate $146M at the time of award.

RAM uses passive radio frequency and infrared guidance tools designed to counter anti-ship missiles.

Check Also

QuantiTech

QuantiTech Buys Spaceflight Engineering Firm DCI; Darryl Wortman Quoted

QuantiTech, a technical engineering services provider to the government sector, has purchased Dynamic Concepts Inc. for an undisclosed sum in a move to expand work with NASA across human spaceflight programs.

health care

Alliant Enterprises Wins $225M DLA Patient Monitoring Tech IDIQ

Alliant Enterprises has won a potential 10-year, $225M contract from the Defense Logistics Agency to provide patient monitoring systems, capital equipment and accessories to the U.S. Air Force, Army, Marine Corps, Navy and federal civilian agencies.