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News Breaks | | | | December 27, 2012 | | 17:34 EDT |  | RTN | Raytheon awarded $226.81M government contract
Raytheon is being awarded a $226.81M firm-fixed-price, multi-year contract for FY13, FY14 and FY15 Evolved Seasparrow Missiles production requirements. This contract includes options which, if exercised, would bring the cumulative value of this contract to $259.88M. Work is expected to be complete by September 2016. Funding in the amount of $45.2M will be obligated at the time of award. Contract funds in the amount of $139,772 will expire at the end of the current fiscal year. | |
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