Raytheon Wins $200 Million Missile Procurement Contract

Raytheon Company has won a $200 million modification to a previously awarded firm-fixed-price, fixed-price-incentive-firm target contract for the procurement of 354 each AIM-9X Block II All Up Round Tactical Low Rate Initial Production Lot 13 Missiles and Block II Active Optical Target Detectors.

In addition, this modification provides for the procurement of 178 Block II Captive Air Training Missiles, three Spare Propulsion Steering Sections, 20 Spare Tactical Guidance Units, one Spare Inertial Measuring Unit for the government of Switzerland, and 26 Spare Captive Air Training Missile Guidance Units.

Work is expected to be completed in August 2015.

This contract combines purchases for the U.S. Navy ($54 million; 27.27 percent); the U.S. Air Force ($52 million; 26.16 percent); and the governments of Kuwait ($40 million; 20.04 percent); Oman ($28 million; 14.37 percent); Morocco ($11 million; 5.97 percent); Malaysia ($11 million; 5.71 percent); Saudi Arabia ($880,023; .44 percent); and Switzerland ($76,400; .04 percent) under the Foreign Military Sales Program.