TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) was awarded a $528,797,459 fixed-price incentive, firm target
contract modification for Advanced Medium Range Air-to-Air Missiles
(AMRAAM). Raytheon will provide AMRAAM Lot 29 missiles and other
AMRAAM system items. This contract involves foreign military
sales.
Work will be performed in Tucson and is expected to be complete by
January 2018. This award was booked
in the first quarter 2015.
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 2014
sales of $23 billion and 61,000
employees worldwide, is a technology and innovation leader
specializing in defense, security and civil markets throughout the
world. With a history of innovation spanning 93 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
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SOURCE Raytheon Company