Raytheon Technologies (NYSE: RTX) will continue to manufacture tube-launched, optically tracked, wire-guided missiles for the U.S. Army under a two-year, $398.3M contract modification.
The modification also covers work on practice and safety missiles that complement TOW, the Department of Defense said Monday.
Work will take place in Tucson, Arizona, through Sept. 30, 2022.
The Army used missile procurement and defense-wide funds for fiscal years 2017 through 2020 to cover the full obligated amount.
The company secured an initial $300.1M contract in September 2017 for TOW deliveries to the Army, the U.S. Marine Corps and foreign military sales clients: Lebanon, Jordan and Morocco.
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Sigmatech's Army contract runs through October 2036, with work locations and funding to be assigned as individual orders are issued.
Two logistics support recompetes for training aircraft are expected to fall between $1 billion and $1.5 billion.
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
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