Raytheon awarded $528 million AMRAAM contract
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.