Raytheon Wins $59 M Contract Supporting Reaper MQ-9 UAV

Raytheon Company (NYSE: RTN) was awarded the following two contracts as announced by the Department of Defense on December 21, 2018 .

Raytheon Corp., McKinney, Texas , was awarded a $59,211,905 cost-plus fixed-fee and firm-fixed- price contract for Reaper MQ-9 sensors contractor logistics support. This contract provides for program management, contractor-filed service-representative support, depot repair, depot maintenance, sustaining engineering support, supply and logistics support, configuration management, tech data maintenance, software maintenance, inventory control point, and warehouse support for the MQ-9 sensors. Fiscal 2019 operations and maintenance funds are being obligated in the amount of $37,779,873 at the time of award. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia , is the contracting activity (FA8528-19-C-0002).

Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I ™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon  is headquartered in Waltham, Massachusetts . Follow us on Twitter .

Source: Raytheon Corporation (NYSE: RTN)
Date: Jan 15, 2019