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June 30, 2014
17:27 EDTRTNRaytheon awarded $163.22M government contract
Raytheon has been awarded a $163.22M fixed-price/fixed-price-incentive/cost-plus-incentive contract for Advanced Medium-Range Air-to-Air Missile, or AMRAAM, Program Support and Sustainment, or 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, Arizona, and is expected to be completed by Jan. 31, 2017. This award is the result of a sole source acquisition. This contract has unclassified 45.7 percent foreign military sales service/repair requirements for Saudi Arabia, Korea, Israel, Singapore and United Arab Emirates.
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February 3, 2016
06:18 EDTRTNPentagon plans to increase funding for Raytheon, Lockheed missiles, Reuters says
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January 29, 2016
17:14 EDTRTNRaytheon awarded $212.7M government contract modification
Raytheon IDS, Andover, Massachusetts, was awarded a $212,687,782 modification to foreign military sales contract W31P4Q-14-C-0093 for engineering services for calendar year 2016 for the PATRIOT program. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.

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