Author: Angeline Leishman|| Date Published: July 13, 2021
Raytheon Technologies (NYSE: RTX) has received a five-year, $320.67 million contract to manufacture man-portable, air defense systems for the U.S. Army.
The company will provide Stinger missile production services to the branch over a five-year contract period that runs through June 2026, the Department of Defense said Monday.
Army Contracting Command received one bid for the firm-fixed-price contract via an online solicitation and will obligate funds with each order.
Four U.S. military branches and 19 foreign countries bought the Stinger weapon to help ground troops defend against aerial threats, with more than 270 intercepts recorded to date, according to Raytheon.
In 2019, the Army began updating its Stinger missiles to include proximity fuze technology intended to destroy enemy unmanned aircraft systems.
PDW is acquiring Vanteon to expand tactical communications capabilities The acquisition will bring expertise in RF systems, software-defined radios and…
CISA is planning a $100 million cyber operations contract supporting threat-hunting missions The requirement will provide technical and operational support…
Valiant Solutions is expanding its cybersecurity portfolio through the acquisition of BreakPoint Labs The acquisition will bring operational technology security,…
