Raytheon Wins Contract for AMRAAM Support

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

Raytheon Missile Systems, Tucson, Arizona, has been awarded a $9,573,118 firm-fixed-price modification (P00008) to contract FA8675-18-C-0003 for the Advanced Medium Range Air-to-Air Missile program. This modification provides for a life of type procurement of known obsolete components in support of production and sustainment through the program of record and procurement of three guidance section refill stations in support of sustainment efforts. Fiscal 2017 procurement funds in the amount of $6,367,933 and FMS funds in the amount of $3,205,185 are being obligated at the time of award. Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.

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