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 12:14
OUTFRONT Media Inc. announced today that its board of directors has approved a quarterly cash dividend on the Company's stock of $0.36 per share payable on June 28, 2019 to shareholders of record at the close of business on June 7, 2019....

at 12:10
Klick was last night recognized as one of this year's Best Workplaces, coming in at #7 for companies with 100 to 999 team members. This year marks the eighth year in a row that Klick has been included on the list, which...

at 12:09
Telephone and Data Systems, Inc.  and United States Cellular Corporation  will be webcasting their first quarter operating results conference call on May 3, 2019, at 9:00 a.m. central time. The companies will release their financial results on May...

at 12:05
Acuity Systems, LLC (Acuity), a leader in delivering IT modernization and analytics solutions to U.S. federal government organizations, announced today that the U.S. Department of Labor (DOL) has awarded the company the contract...

at 12:05
FastForward.ai and Digicel Group announced today a partnership to accelerate Digicel's vision to become the digital lifestyle partner for its customers across the Caribbean, Central America and Asia Pacific. FastForward.ai...

at 12:05
A unique sustainability award is recognizing the profound impact of digital forms on the environment. Quik!, a provider of forms automation and management solutions, presented the inaugural ReTree Award to Docupace at its Vision 2019 Client...

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