Raytheon Technologies ’ (NYSE: RTX) missiles and defense business has received a two-year, $79.4 million contract to provide Small Diameter Bomb Increment 2 testing platforms to the U.S Air Force’s joint acquisition program with the U.S. Navy.
The sole-source cost-plus-fixed-fee contract will also include tasks to assemble, test and integrate all-up round test vehicles, the Department of Defense said Friday.
DOD added that the company will facilitate preparations for the deployment of engineering changes related to the GPS military code and the National Security Agency cryptographic modernization program.
Initial contract funds amounting to $35.4 million will come from USAF, Navy and special defense acquisition budgets.
Work will take place in Tucson, Arizona, through April 1, 2023.
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The Navy award runs through 2031 and the Air Force contract succeeds EY’s 2022 deal.
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