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.
Nine companies win spots on Navy unmanned systems contract Work covers design, testing, deployment and sustainment support Autonomous maritime platforms…
Anthropic reportedly explores massive new funding round Anthropic deepens focus on AI-driven cyber defense and national security Its growth highlights…
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.
