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Tag Archives: Advanced Medium Range Air-to-Air Missile

McAleese & Associates: Fiscal 2020 Air Force Budget Request Includes $39B ‘Non-Blue’ Funding

A report by consulting firm McAleese & Associates says the total U.S. Air Force budget request for fiscal year 2020 is roughly $205B, including $166B in “blue” funds and another $39B in “non-blue” funds. The service’s proposed FY 2020 budget seeks $46.1B in research, development, test and evaluation funds associated …

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Raytheon Gets $523M USAF Contract Modification for Additional AMRAAM Production Work

Raytheon (NYSE: RTN) will manufacture another lot of Advanced Medium Range Air to Air Missile systems under a $523.1 million modification to a U.S. Air Force contract. Work covers the production of lot 32 AMRAAMs and other missile system items for USAF and eight foreign military sales customers, the Defense Department …

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Raytheon Lands $634M Contract to Supply Medium-Range Missiles to USAF, FMS Clients

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 Department said Thursday. …

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Raytheon Expands NM Missile Parts Production & Storage Facility With New Warehouse

TYSONS CORNER, VA, April 26, 2017 — Raytheon (NYSE: RTN) has unveiled a new 30,000-square-foot, $5 million warehouse near Farmington, New Mexico, that serves to expand an existing 95,000-square-foot production and storage facility in Dine, ExecutiveBiz reported Tuesday. The company said Monday the overall facility houses missile parts in support of …

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Raytheon, Air Force Update AMRAAM Signal Processor in Push to Extend Missile Production

TYSONS CORNER, VA, Feb. 2, 2017 — Raytheon (NYSE: RTN) will work with the U.S. Air Force to build an updated signal processor for the Advanced Medium Range Air-to-Air Missile in effort to extend the weapon’s production beyond 2020, ExecutiveBiz reported Wednesday. The company said Tuesday the update is part of the Air Force’s Form …

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State Dept OKs $510M in Missile, Apache Logistics Support Requests from Kuwait

The State Department has approved Kuwait’s request to buy advanced medium range air-to-air missiles and logistics support for Boeing-built (NYSE: BA) AH-64D Apache helicopters under a pair of foreign military sales agreements worth approximately $510 million combined. Kuwait requested to procure contractor logistics and sustainment support services for Apaches, as well as simulators, …

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Lockheed, Raytheon Get $650M in Contract Modifications to Extend AF Laser-Guided Bombs Production

Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) have been awarded contract modifications worth a combined $649.7 million to continue to build Paveway II laser-guided bombs for the U.S. Air Force. The modifications extend the work’s performance period for five years through July 27, 2023, the Defense Department said Monday. DoD noted the Air Force Life Cycle Management Center …

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Raytheon to Update AMRAAM Guidance Tech for US Air Force, Int’l Customers

Raytheon (NYSE: RTN) has received a $104.6 million contract to refresh the guidance section of an advanced medium-range air-to-air missile for the U.S. Air Force and international customers. The company will also provide new form, fit and function to the AMRAAM guidance section and perform work in Tucson, Arizona, through Feb. …

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Raytheon Posts 9% Sales Jump in 1Q on Missile Sales, Lifts Full-Year Earnings Outlook Despite 1Q Profit Decline

Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 — has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first quarter revenue increased 8.88 percent from the …

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Raytheon Lands $573M Contract Modification from Air Force for AMRAAM Production and System Items

Raytheon has landed a $573 million contract modification from the U.S. Air Force for Advanced Medium Range Air to Air Missiles production and system items. The award will exercise options for lot 30 of AMRAAM and related items, Defense Department said Wednesday. Air Force Life Cycle Management Center Air Dominance Contracting Office will …

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