Author: Jay Clemens|| Date Published: March 17, 2016
Raytheon (NYSE: RTN) has received a $573 million contract modification to produce additional Advanced Medium Range Air to Air Missiles for the U.S. Air Force.
The award exercises options for lot 30 of AMRAAM and related items, the Defense Departmentsaid Wednesday.
Raytheon will manufacture the missiles in Tucson, Arizona, through Feb. 28, 2019.
AMRAAM serves as the baseline weapon on the National Advanced Surface-to-Air Missile System and is designed to help meet warfighter requirements both in the air and on the ground.
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Raytheon (NYSE: RTN) has received a $573 million contract modification to produce additional Advanced Medium Range Air to Air Missiles for the U.S. Air Force.
