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Tag Archives: Rolling Airframe Missile

Navy Awards Raytheon Potential $302M Contract to Help Maintain Guided Missile Weapon System

Raytheon (NYSE: RTN) has been awarded a potential five-year, $301.7 million contract from the U.S. Navy to provide design agent and engineering support services for a weapon system used to defend against anti-ship missiles. The cost-plus-fixed-fee contract has a $64.4 million initial value and will reach its full cumulative value if …

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Raytheon Lands Potential $530M Contract to Produce RAM Block 2 Missiles for Navy, FMS Clients

Raytheon‘s (NYSE: RTN) missile systems business has received a potential $529.7 million contract to provide updated Rolling Airframe Missiles to the U.S. Navy and three foreign military sales customers. The company will supply RAM Block 2 guided missile round pack, ordnance alterations and spares under the firm-fixed-price contract, the Defense Department said Thursday. RAM is designed to counter anti-ship …

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Raytheon Lands Navy Order for Weapon Systems Tech Insertion, Integration

TYSONS CORNER, VA, Feb. 8, 2018 — Raytheon (NYSE: RTN) will perform technology insertion and integration in support of U.S. Navy weapons systems as part of a $44.6 million delivery order from the service branch, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the contract covers research and development, design, studies and technology …

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Raytheon Gets $288M Contract Modification to Update Navy’s Close-In Weapon System

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $288 million contract modification to continue to provide conversion,  system overhaul and upgrade services as well as related hardware for MK 15 Close-In Weapon Systems. The military branch exercised options on a previously awarded contract and obligated $64.6 million at the time of …

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State Dept Approves $260M Raytheon-Made Rolling Airframe Missiles Sale to Qatar

The State Department has cleared a proposed $260 million foreign military sale of Raytheon-built (NYSE: RTN) Rolling Airframe Missiles and related equipment to Qatar. Qatar ordered 252 RIM-116C rolling airframe tactical missiles and two RIM 116C-2 rolling airframe telemetry missiles in efforts to protect its naval forces and oil and …

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NAVSEA Awards Raytheon $143M Airframe Missile Production, Testing Contract

Raytheon (NYSE: RTN) has been awarded a potential two-year $142.8 million contract to build missiles for the U.S. Navy to defend ships from adversarial missiles, aircraft and surface vehicles. The Defense Department said Tuesday the company will produce, assemble, test and deliver Rolling Airframe Missile Block 2 guided missile round packs to …

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