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Raytheon Subsidiary Books $77M Air Force Contract Modification for Missile Tech Production

Raytheon Subsidiary Books $77M Air Force Contract Modification for Missile Tech Production - top government contractors - best government contracting event

Raytheon Technologies‘ missiles and defense business has secured a $77.1 million contract modification for the manufacturing and delivery of training missiles and their guidance component to the U.S. Air Force.

The award exercised an option for Advanced Medium Range Air-to-Air Missile production lot 35 captive air training missiles and CATM guidance sections, the Department of Defense said Friday.

Raytheon Missiles and Defense will conduct contract work at its Tucson, Arizona location through April 30, 2024.

The Air Force Life Cycle Management Center is obligating the full contract modification amount from the fiscal 2021 missile procurement and operation and maintenance funds of the Air Force and weapons procurement budget of the Navy in FY20 and FY21.

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Written by Christine Thropp

oversees day-to-day content production for ExecutiveBiz, a publication under Executive Mosaic's media group covering government contracting industry news. She also writes about executive movements and commentaries, M&A activities, contract awards and technology and service offerings of medium-sized businesses and other GovCon companies. Prior to assuming her current responsibilities with EBiz, Thropp produced daily competitive intelligence briefings for the company's GovCon customers.

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