Author: Matthew Nelson|| Date Published: March 12, 2020
Raytheon (NYSE: RTN) has received a $109.6M contract modification to modernize a radar-guided gun weapon system built to help the U.S. Navy defend against anti-ship missile littoral warfare and aircraft threats.
The company's missile systems unit will update the MK 15 Close-In Weapon System for the service branch and provide associated hardware, the Department of Defense said Wednesday.
The Navy will obligate the full value of the modification, with $61.4M of the total obligated funds expiring at the end of the current fiscal year.
Raytheon secured a $367.2M contract in August last year in 2019 to provide CIWS modernization services to domestic and foreign military sales customers.
Work is slated to run through October 2023.
The Phalanx system is equipped with search, detection, tracking, kill assessment and threat evaluation features.
Client Solution Architects has appointed Ellen Barletto as chief growth officer, expanding her leadership responsibilities after nearly two decades with…
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
