Raytheon Awarded $92M Navy Sonar Mine-Hunting Tech Support Contract

Raytheon Technologies (NYSE: RTX) has secured a potential five-year, $91.7 million contract from the U.S. Navy to provide modifications, maintenance and depot-level support for the AN/AQS-20 sonar mine-hunting system and AN/MHP-20 deploy and retrieve platform.

The sole-source, cost-plus-fixed-fee and firm-fixed-price contract has a one-year base period valued at approximately $18.5 million and four option years that could run through August 2027, the Department of Defense said Thursday.

AN/AQS-20 is a towed sonar system that comes with acoustic identification capabilities designed to detect and classify sea mines in one pass.

Work on the indefinite-delivery/indefinite-quantity contract will be carried in Rhode Island, Washington and Florida in support of the Navy’s program executive office, unmanned and small combatants.

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