Raytheon Receives $768M AMRAAM Missile Contract for USAF, Allies

Raytheon has received a $768 million US Air Force contract to manufacture Advanced Medium Range Air to Air Missile (AMRAAM) for various allies including Turkey and Saudi Arabia. The missiles are to be mounted on aircraft such as the F-16, F-15 and F-35.

“This contract provides for the production of the AMRAAM missiles, captive air training missiles, guidance sections, AMRAAM telemetry system, spares and other production engineering support hardware,” Raytheon said in a statement Sunday.

This contract involves unclassified foreign military sales to Australia, Belgium, Canada, Denmark, Indonesia, Japan, Kuwait, Morocco, Netherlands, Norway, Oman, Poland, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, South Korea, Spain, Thailand, Turkey and United Kingdom, which accounts for 47% of the contract value, the statement read.

The Air Force Life Cycle Management Center, Air Dominance Division Contracting Office, Eglin Air Force Base, Florida, is the contracting activity.

Work is expected to be completed by February 28, 2023.