Author: Joey Harris|| Date Published: September 28, 2018
Raytheon (NYSE: RTN) has received a potential six-year, $482.3M contract to update MK 15 Close-in Weapon Systems for the U.S. Navy and the U.S. Army as well as the governments of Taiwan, Saudi Arabia, Japan, New Zealand and Australia.
The company will also overhaul systems and provide hardware for the CIWS platform used to defend against anti-ship missile threats, the Defense Departmentsaid Thursday.
The Army will obligate $415.7M at the time of award, with $66.6M of the obligated funds slated to expire by the end of the current fiscal year.
DoD noted the contract, which includes a no-cost option, was awarded on a sole-source basis and work will occur at various locations across the U.S. through April 2024.
CIWS is designed to automatically detect, analyze, track and engage ASM and high-speed aircraft threats. The Navy and 24 U.S. allies use the system on surface combatant ships.
The Army Contracting Command-Aberdeen Proving Ground and the Capability Program Executive Enterprise Software and Service, formerly Program Executive Office Enterprise,…
LMI has been awarded a $100 million Small Business Innovation Research Phase III indefinite-delivery/indefinite-quantity contract to support life cycle logistics and…
Melissa Bischoping, senior director of security and product design research at Tanium, said adopting agentic artificial intelligence and other autonomous…
