Raytheon Technologies (NYSE: RTX) will manufacture additional prototypes of the U.S. Army’s Lower Tier Air and Missile Defense Sensor under a three-year, $353.9 million contract.
The military branch received two bids for the cost-plus-fixed-fee contract and obligated $104.8 million at the time of award, the Department of Defense said Wednesday.
LTAMDS is an active electronically scanned array designed with Raytheon-made gallium nitride technology and intended to eventually replace the Army’s Patriot radar system.
Raytheon won a $384 million other transaction agreement in October 2019 for the production and delivery of six LTAMDS representative units to the Army.
The branch received the first system , built by Raytheon Missiles & Defense, three months ago. The LTAMDS is the first sensor in the company’s GhostEye family of radars .
Work under the follow-on contract is expected to be complete by May 1, 2025.
Shield is financing the Echodyne acquisition through a $1 billion Series H round, a Blackstone investment and debt financing.
The appointments follow a $100 million Series D and precede a planned Washington office opening.
GAO found that Anniston Army Depot lost 616 government employees while Red River lost 169 from 2021 to 2025.
Deloitte Consulting has won a potential $488.2 million FAA contract to modernize legacy applications under the ATLAS initiative.
NASA has selected eight companies for the potential 10-year, $10 billion CLPS 2 contract to deliver payloads to the lunar…
Prime awardees must team with small businesses from all four primary set-aside categories.
Amentum CEO John Heller honored with Scouting America’s annual tech sector award at luncheon attended by top GovCon industry players
The Azimut.ai acquisition marks Windward's first move into proprietary ship-mounted and ground-based maritime sensors.
The former Aretum chief growth officer also held leadership roles at M9 Solutions, Capgemini and other federal contractors.
Concurrent Technologies Corp. will split its CFO responsibilities into two roles as John Klein retires.
Arcfield will design, sustain and modernize NUWC radar, imaging and electronic warfare systems for up to five years.
The initial task order is worth $115 million, with Viasat serving as the network and mission system integrator.
You’ve already read all related articles.
VIDEO