Author: Dominique Stump|| Date Published: July 7, 2016
The U.S. Army has awarded Raytheon (NYSE: RTN) a $23.5 million contract modification to provide logistics support services for the military branch’s counter-rocket, artillery and mortar land-based weapons system.
Raytheon’s missile systems unit will perform contract work in Tucson, Arizona and is scheduled to finish work July 11, 2018, the Defense Departmentsaid Wednesday.
The Army Contracting Command obligated $12.1 million at the time of award from the Army’s fiscal year 2014 other procurement for the contract.
The federal procurement landscape is undergoing a major shift to streamline and accelerate the acquisition and implementation of advanced capabilities…