in ,

Raytheon Gets $60M MDA Contract Funds to Transition SM-3 Block IIA Program to Production

Raytheon Gets $60M MDA Contract Funds to Transition SM-3 Block IIA Program to Production - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Raytheon Gets $60M MDA Contract Funds to Transition SM-3 Block IIA Program to Production - top government contractors - best government contracting eventRaytheon‘s missile systems business has received a potential $59.8 million contract modification from the Missile Defense Agency to obtain materials needed to begin the production of Standard Missile-3 Block IIA systems.

The modification also covers engineering and analysis services and brings the contract’s potential value to $694.3 million, the Defense Department said Monday.

DoD noted the company will aim to produce two SM-3 Block IIA all-up rounds each month, maintain engineering manufacturing readiness compliance and demonstrate tactical configuration readiness.

MDA obligated $13.8 million in fiscal 2017 research, development, test and evaluation funds at the time of award.

Work under the modification will take place at Raytheon’s facility in Tucson, Arizona, through March 2020.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Products & Service

mm

Written by Joanna Crews

Report: NASA Eyes Transfer of IR Observatory Project to Private Organization - top government contractors - best government contracting event
Report: NASA Eyes Transfer of IR Observatory Project to Private Organization
Executive Spotlight: Interview with Suzan Zimmerman, CEO at Strategic Capture Group - top government contractors - best government contracting event
Executive Spotlight: Interview with Suzan Zimmerman, CEO at Strategic Capture Group