Author: Brenda Marie Rivers|| Date Published: November 15, 2019
Raytheon (NYSE: RTN) has secured a potential five-year, $209.6M contract to repair, modify or replace components that support major subsystems of the U.S. Navy™s Aegis Combat System.
The performance-based logistics award covers work on 361 National Item Identification Number parts housed within the Aegis weapons control platform™s AN/SPY-1 radar system transmitter group and MK99 fire control system, the Department of Defense said Thursday.
Naval Supply Systems Command received one bid for the indefinite-delivery contract and allocated $34.3M from the Navy™s annual working capital funds for a delivery order issued concurrently with the award. The service branch will also obligate $11.4M at the time of award to cover a one-year performance period.
Seventy percent of contract work will take place in Chesapeake, Va., and the remaining 30 percent in Marlborough, Mass.
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