After recently achieving Milestone C, Raytheon Company (NYSE: RTN) has been awarded a $30,947,228 fixed-price incentive firm contract for the Small Diameter Bomb II (SDB II).
Raytheon will provide low-rate initial production for 144 SDB II Lot 1 munitions, 156 SDB II Lot 1 single weapon containers, eight SDB II weapon load crew trainers and conventional munitions maintenance trainers, four SDB II Lot 1 practical explosive ordnance disposal system trainers, and data.
Work will be performed in Tucson and is expected to be complete by May 30, 2017.
About SDB II
SDB II employs Raytheon's unprecedented tri-mode seeker. The new seeker operates in multi-attack modes: millimeter-wave radar, uncooled imaging infrared and semi-active laser. These sensors enable the weapon to seek and destroy targets, both moving and stationary, even in adverse weather conditions from standoff ranges.
SDB II can strike targets from a range of more than 40 nautical miles, with a dynamic warhead that can destroy both soft and armored targets, while keeping collateral damage to a minimum through a small explosive footprint. The highly accurate SDB II offers warfighters the flexibility to change targets after release through a secure datalink that passes in-flight updates to the weapon.
The Department of Defense has validated SDB II as a weapon that meets a critical warfighter need and has invested more than $700 million in the SDB II program.
Source: Raytheon Corporation (NYSE: RTN)
Date: Jun 16, 2015