The company’s missiles and defense business will modernize the radar-guided gun systems and provide associate hardware to customers as part of the firm-fixed-price contract, the Department of Defense said Thursday.
Eighty-five percent of contract services will support the Navy and the remaining 15 percent will address a foreign military sales requirement.
The award has a $136.5 million initial value and would reach its potential value if all options are exercised.
Raytheon designed the Phalanx CIWS system to help navies counter close-in threats such as anti-ship missiles at sea and on land.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
