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![]() by Christen Mccurdy Washington DC (UPI) Mar 27, 2020
The U.S. Missile Defense Agency has awarded Raytheon Missile Systems with a $2.1 billion contract for work on Standard Missile-3 Block IB rounds for United States and allies, the Pentagon has announced. The contract, announced Thursday by the Department of Defense, funds the manufacture and services associated with the missile system. The deal came on the same day Raytheon announced a $1 billion, five-year deal to buy propulsion systems from Aerojet Rocketdyne for Standard Missile projects. Raytheon's Standard Missile 3 is a missile system used by the Navy to intercept short- and intermediate-range ballistic missiles. The DoD contract is financed with funds from fiscal years 2019 through 2023 but has a period of performance from contract award through March 2027. Work on the deal will be performed in Tucson, Ariz., and Huntsville, Ala.
![]() ![]() Raytheon nabs $392.4M for tactical missiles Washington DC (UPI) Mar 20, 2020 The Navy awarded Raytheon a $392.4 million contract modification for production and delivery of tactical missiles for the Air Force, Navy and a variety of foreign governments, the Pentagon announced. The deal modifies an earlier contract, awarded in September 2018, for repair of Air Intercept Missile (AIM)-9X Tactical and Captive Air Training Missiles (CATMs). Under the modification, Raytheon will exercise options for production and delivery of Lot 20 AIM-9X, Block II and Block II Plus t ... read more
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