Raytheon Lands $573M Contract Modification from Air Force for AMRAAM Production and System Items

Raytheon has landed a $573 million contract modification from the U.S. Air Force for Advanced Medium Range Air to Air Missiles production and system items.

The award will exercise options for lot 30 of AMRAAM and related items, Defense Department said Wednesday.

Air Force Life Cycle Management Center Air Dominance Contracting Office will obligate $418, 243, 313 from fiscal 2016 Navy and Air Force procurement funds at the time of the award.

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