Hello, Guest!
  • Saturday, November 16, 2024

Raytheon Gets $94M USAF Contract Modification for Targeting System Production, Modernization


Raytheon (NYSE: RTN) has received a $94.2M contract modification to manufacture DAS4 targeting systems for the U.S. Air Force and the Netherlands.

The company will provide an additional 54 new AN/DAS4 Model B MultiSpectral Targeting System turrets and convert one turret unit into the DAS1A configuration, the Department of Defense said Friday.

Work will take place in McKinney, Texas, through January 2021.

The Air Force will obligate the total contract amount at the time of award from its aircraft procurement and foreign military sales funds

Raytheon received a $282M contract in September to produce and update the AN/DAS-4 systems.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights