Le Lézard
Classified in: Science and technology, Business
Subject: CON

Raytheon Company wins $434 million contract modification for AIM-9X tactical missiles

WALTHAM, Mass., Jan. 17, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018.

Raytheon logo (PRNewsfoto/Raytheon)

Raytheon Missile Systems, Tucson, Arizona, is awarded a not-to-exceed $434,389,104 for an undefinitized modification P00001 to a previously awarded, fixed-price-incentive-firm contract (N00019-18-C-1068). This modification provides for the procurement of AIM-9X Lot 18 production requirements to include 766 AIM-9X Block II all up round tactical missiles. Fiscal 2017 and 2018 missile procurement (Air Force); fiscal 2017 and 2018 weapons procurement (Navy); fiscal 2018 research, development, test and evaluation (Navy); and foreign military sales funds in the amount of $321,622,863 will be obligated at time of award, $8,527,158 of which will expire at the end of the current fiscal year.  The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

About Raytheon
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

Media Contact
Mike Doble

SOURCE Raytheon Company

These press releases may also interest you

at 12:10
Compare-autoinsurance.org has launched a new blog post that explains how drivers can obtain cheaper car insurance with the help of usage-based insurance programs. For more info and free online quotes, please visit:...

at 12:00
Samco Gold Limited ("Samco" or the "Company") is providing an update on its previously disclosed proposed transaction (the "RTO") with Echo Pharmaceuticals B.V. ("Echo") in accordance with the applicable policies of the TSX Venture Exchange...

at 12:00
Apex Physics Partners (APP), a leading medical physics business services support organization, is proud to announce partnerships with Ohio Medical Physics Consulting (OMPC), National Physics Consultants (NPC), Radiological Physics (RPI) and ZapIT!...

at 12:00
Azul Airlines is the first Brazilian carrier to be certified by the Transportation Security Administration as a TSA Pre-Check expedited screening program member. TSA Pre-Check is an expedited screening program that enables low-risk travelers to enjoy...

at 11:50
  Results Highlights: A double-digit increase achieved in sales volume and revenue, steady growth in net profit Developing all-aluminium formwork components, and initiating the leasing business of aluminium alloy formwork Client-oriented...

at 11:44
Pattons, a leading compressed air distributor and a subsidiary of ELGi announced the expansion of its services to Los Angeles, California. In addition to offering compressed air products, parts and services, the new office will also serve as ELGi's...

News published on 17 january 2019 at 12:30 and distributed by: