Author: Joanna Crews|| Date Published: December 29, 2017
Raytheon (NYSE: RTN) has received a potential $634.2 million contract from the U.S. Air Force to provide advanced medium-range air-to-air missiles to the service branch and 10 foreign military sales customers.
The fixed-price-incentive-firm-target contract is for lot 31 of AMRAAM systems composed of missiles, spares and telemetry kits, the Defense Departmentsaid Thursday.
DoD noted the contract involves $219,6 million in total FMS transactions with Bahrain, Indonesia, Japan, Korea, Morocco, Poland, Qatar, Romania, Spain and Turkey.
The Air Force is also obligating $409.9 million in fiscal 2017 production funds; $2.9 million in research and development funds ;and $1.7 million in operations and maintenance funds at the time of award.
Raytheon’s missile business will perform contract work through Jan. 31, 2020.
Former NASA executive Dan Tenney has been selected to succeed Michael Williamson as senior vice president of global business development and strategy at Lockheed…
bachelor’s”Brandy Durham has taken on new responsibilities as chief data and artificial intelligence officer at ManTech. The Herndon, Virginia-based company…
Raytheon (NYSE: RTN) has received a potential $634.2 million contract from the U.S. Air Force to provide advanced medium-range air-to-air missiles to the service branch and 10 foreign military sales customers.
