Hello, Guest!
  • Thursday, December 26, 2024

DLA Awards Raytheon $113M in Military Electronics Supply Contract

Raytheon Technologies (NYSE: RTX) has secured a pair of three-year base contracts worth $112.8 million combined to provide electronic components to U.S. and foreign military sales customers.

The firm-fixed-price, indefinite-delivery/indefinite-quantity contracts include one three-year option period and an additional option to extend work by four years, the Department of Defense said Wednesday.

Air Force, Army, Coast Guard and Navy are the DOD customers using the IDIQs to procure consumable electronics.

Defense working capital and FMS funds will be used to pay for orders under the sole-source acquisition contracts.

DOD added the ordering period for each contract will end on April 1, 2024, and the company will perform work in Kentucky and Indiana.

Video of the Day

Related Articles

TPG Closes Purchase of Forcepoint’s Government Cyber Business; Sean Berg Named Forcepoint G2CI CEO M&A Activity

TPG Closes Purchase of Forcepoint’s Government Cyber Business; Sean Berg Named Forcepoint G2CI CEO

TPG (Nasdaq: TPG), a global alternative asset management firm, has finalized its acquisition of Forcepoint’s government-focused cybersecurity unit from investment firm Francisco Partners and appointed technology industry leader Sean Berg as CEO of the newly acquired business. Berg, most recently president of global governments and critical infrastructure cybersecurity segment at Forcepoint, will oversee the growth

Pratt & Whitney Books $221M Navy Contract for F135 Engine Maintenance, Other Services Contract Awards

Pratt & Whitney Books $221M Navy Contract for F135 Engine Maintenance, Other Services

An RTX (NYSE: RTX) subsidiary has secured a $221 million contract from the U.S. Navy to help maintain and sustain F135 propulsion systems used by the U.S. military and foreign military sales customers. Pratt & Whitney will provide material and support equipment, supplies, unit-level support equipment, labor and planning for depot-level F135 maintenance and sustainment

RTX Books $165M in Navy Cruise Missile Tech Upgrade Contracts Contract Awards

RTX Books $165M in Navy Cruise Missile Tech Upgrade Contracts

RTX (NYSE: RTX) will provide updated seeker, navigation and GPS receiver technologies to the U.S. Navy for integration into Tomahawk missile systems under two contract modifications and a task order worth $165.4 million combined. The Navy allocated $124.3 million to buy 42 Maritime Strike Tomahawk Seeker suites for low-rate production three of the sensor technology