Raytheon Books $392M Contract Option to Produce More AIM-9X Missiles for US, Int'l Clients

Raytheon (NYSE: RTN) has been awarded a three-year, $392.2M contract modification to supply AIM-9X Sidewinder air-to-air missiles to U.S. and foreign military clients for air training and tactical use.

The company will provide lot 20 missile systems, optical target detectors and guidance units with live and inert battery configurations to the U.S. Navy, Air Force and 22 countries, the Department of Defense said Friday.

Work also covers the production of Block I and II propulsion steering sections, multipurpose training missiles, electronic units, spares, components and related support such as depot maintenance, repair and modernization.

FMS customers are Australia, Bahrain, Belgium, Bulgaria, Denmark, Finland, Israel, Japan, Morocco, the Netherlands, Norway, Oman, Poland, Qatar, Romania, Singapore, Slovakia, South Korea, Switzerland, Taiwan, Turkey and the United Arab Emirates.

The Pentagon expects Raytheon’s missile systems unit to complete work by July 2023.

AIM-9X Block II features a redesigned fuze and a safety device built to support in-flight safety and ground handling of the system. The missile is also equipped with updated electronics designed to facilitate lock-on-after-launch and visual range mechanisms.

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