Raytheon Wins $303 Million To Provide 214 Tomahawk Cruise Missiles To US Navy

Raytheon has won a $303 million contract for the procurement of 214 Tomahawk Block IV All-Up-Round vertical launch system missiles for the US Navy and spares for the government of United Kingdom.

Work is expected to be completed in August 2018, the US Department of Defense said in a statement Wednesday.

Fiscal 2015 and 2016 weapons procurement (Navy); and foreign military sales funds in the amount of $303,749,820 are being obligated at time of award, $71,085,081 of which will expire at the end of the current fiscal year. This contract combines purchases for the Navy and the government of the United Kingdom. This contract was not competitively procured pursuant to Federal Acquisition Regulation 6.302-1. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity