TUCSON, Ariz., July 3, 2014 /PRNewswire/ -- Raytheon
Company (NYSE: RTN) was awarded a $163,223,113
fixed-price/fixed-price-incentive/cost-plus-incentive contract for
Advanced Medium Range Air-to-Air Missiles (AMRAAM) Program Support
and Sustainment (PSAS).
The PSAS contract provides sustaining engineering, program
management, contractor logistics support and accomplishes the
diminishing manufacturing sources and material shortage tasks of
extending the life of the AMRAAM Central Processing Unit, improving
the AMRAAM guidance section within the current performance envelope
and developing applicable test equipment.
Work will be performed at Tucson and is expected to be completed by
Jan. 31, 2017. This award is the
result of a sole source acquisition. This contract includes both
U.S. and foreign military sales repair and service
requirements.
About AMRAAM
AMRAAM is a combat-proven missile that has demonstrated operational
flexibility in both air-to-air and surface-launch engagement
scenarios and provides today's warfighter with enhanced operational
capability, cost effectiveness and future growth options/solutions.
Procured by 36 countries, the combat-proven AMRAAM has been
operational and integrated on the F-16, F-15, 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 National Advanced
Surface-to-Air Missile System.
About Raytheon
Raytheon Company, with 2013 sales of
$24
billion and 63,000 employees worldwide, is a
technology and innovation leader specializing in defense, security
and civil markets throughout the world. With a history of
innovation spanning 92 years, Raytheon provides
state-of-the-art electronics, mission systems integration and other
capabilities in the areas of sensing; effects; and command,
control, communications and intelligence systems, as well
as cyber security and a broad range of mission support
services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit
us at www.raytheon.com and follow us on Twitter @Raytheon.
Media Contact
Ashley Mehl
+1.520.794.5142
rmspr@raytheon.com
SOURCE Raytheon Company