Tag Archives: low rate initial production

Harris Receives Second Army Manpack Radio Order Under $12.7B IDIQ; Dana Mehnert Quoted

Harris (NYSE: HRS) has been awarded a second low-rate initial production order to supply the U.S. Army with tactical radio systems as part of a potential 10-year, $12.7B contract awarded in 2016. The new order falls under the Handheld, Manpack and Small Form-Fit indefinite-delivery/indefinite-quantity contract and precedes an operational test the service branch will conduct, Harris said Thursday.

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BAE Receives $575M in Army Contract Modifications to Build Armored Vehicles

BAE Systems has secured two contract modifications worth potentially $575M combined to begin low-rate initial production of Armored Multi-Purpose Vehicles for the U.S. Army. The company said Monday it will manufacture AMPV general purpose, medical evacuation, command and control, medical treatment and mortar carrier variants under the new pair of awards. “Moving …

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Raytheon Gets $141M USAF Contract Option to Produce Lot 5 SDB II Munitions, Equipment

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $141.4M contract option to manufacture a fifth batch of air-launched, precision-strike glide bombs. Raytheon’s missile systems business will produce 1.2K Small Diameter Bomb II munitions, 389 single-weapon containers and 344 dual-weapon containers, the Department of Defense said Tuesday. The exercised option also includes 20 demonstration effort captive …

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