Tag Archives: AMRAAM

US, Hungary Reach $1B Air Defense Tech Sales Deal

Raytheon AMRAAM

Hungary will procure air defense systems from the U.S. under an estimated $1B deal that involves foreign military and direct commercial sales as the European country aims to modernize its Soviet-era arsenal. The FMS portion of the agreement is for 60 Raytheon Technologies-built (NYSE: RTX) Advanced Medium-Range Air-to-Air Missile-Extended Range systems and support services worth $230M.

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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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