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.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…
