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Friday, Dec 2, 2016


Raytheon Awarded $491 M for AMRAAM

Raytheon Company (NYSE: RTN) is being awarded a fixed-price contract $491,478,068 for the Advanced Medium Range Air to Air Missile. The contract is for the production of the AMRAAM® missile and other AMRAAM system items, including the captive air training missile, common munitions bit/reprogramming equipment and non-developmental item airborne instrumentation unit.

The contract includes foreign military sales to Korea, Oman, Singapore and Thailand.


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Work will be performed in Tucson and is expected to be completed by February 2017.

About AMRAAM
AMRAAM is a combat-proven missile that demonstrates operational flexibility in both air-to-air and surface-launch scenarios and provides today's military forces with enhanced operational capability, cost effectiveness and future growth options. Procured by 36 countries, the combat-proven AMRAAM® has been integrated on the F-15, F-16, F/A-18, F-22, Typhoon, Gripen, Tornado, Harrier, F-4 and the Joint Strike Fighter aircraft. It is also the baseline missile for the NATO-approved National Advanced Surface-to-Air Missile System.

Source : Raytheon Corporation (NYSE: RTN) - view original press release

Published on ASDNews: Dec 23, 2014

 

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