Raytheon Missiles and Defense awarded $904,600,000 contract
United States, April 17 -- Raytheon Missiles and Defense, Andover, Massachusetts, was awarded a $904,600,000 modification (P00015) to contract W31P4Q-24-C-0024 to support the low-rate initial production of five Lower Tier Air and Missile Defense System units and six spares, including new production hardware, software, and services inherent to production and documentation for the Army. The modification brings the total cumulative face value of the contract to $5,357,669,576. Bids were solicited via the internet with one received. Work will be performed in Andover, Massachusetts, with an estimated completion date of Aug. 29, 2031. Fiscal 2026 Missile Procurement, Army funds in the amount of $725,878,580 were obligated at the time of the award...
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