Hello, Guest!
  • Saturday, November 23, 2024

Raytheon Secures $518M Contract to Produce More AMRAAM Systems for US, Foreign Military Clients

Raytheon Technologies (NYSE: RTX) has received a $518.4 million contract to manufacture lot 34 Advanced Medium Range Air-to-Air Missiles and associated systems for U.S. and international defense customers.

The basic award from the Air Force Life Cycle Management Center in Florida will include the production of AMRAAM captive air training missiles. telemetry systems and guidance sections, the Department of Defense said Friday.

DOD added that the firm-fixed-price, incentive contract has priced options for the next two production lots and foreign military sales to 11 countries.

Work will take place in Tucson, Arizona, through Dec. 31, 2023.

The full contract amount is being obligated on this award, with approximately $234.8 million coming from the U.S. military and the remaining $283.6 million from FMS clients, according to the Pentagon.

AMRAAM functions as a dual-role weapon designed to support surface-launch and air-to-air engagements, according to Raytheon’s website.

Army: IT Management and Transformation Forum

Raytheon is sponsoring GovCon Wire’s Army: IT Management and Transformation Forum in April. Click here to learn more.

Video of the Day

Related Articles

General Atomics Lands $174M Air Force Contract for MQ-9A UAV Capability Upgrades Contract Awards

General Atomics Lands $174M Air Force Contract for MQ-9A UAV Capability Upgrades

The U.S. Air Force has awarded General Atomics’ aeronautical systems business a potential $173.5 million contract to perform capability upgrades to four MQ-9A Reaper unmanned aerial vehicles and two ground control stations. The sole-source contract involves foreign military sales to the Netherlands and includes the delivery of spares, support equipment and upgrade kits, the Department

Kay and Associates Books $153M Contract Option for F/A-18 FMS Maintenance Support Contract Awards

Kay and Associates Books $153M Contract Option for F/A-18 FMS Maintenance Support

Kay and Associates will provide maintenance, management and operation support services for Kuwait’s fleet of F/A-18 multirole fighter aircraft under a potential one-year, $153.4 million contract modification awarded by the U.S. Navy. The cost-plus-fixed-fee contract option includes support for missile maintenance and storage facilities in Kuwait, the Department of Defense said Tuesday. The vendor will

State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request News-comment

State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request

The State Department has approved a potential $8.6 billion foreign military sale of F-35 conventional takeoff and landing aircraft and related equipment to the government of Greece. Lockheed Martin's (NYSE: LMT) aeronautics business and RTX's (NYSE: RTX) Pratt & Whitney subsidiary will serve as principal contractors on the proposed deal that covers 40 F-35 CTOL units and 42 F135-PW-100 engines.