21 March 2020

Raytheon nabs $392.4M for tactical missiles


March 20 (UPI) -- The Navy awarded Raytheon a $392.4 million contract modification for production and delivery of tactical missiles for the Air Force, Navy and a variety of foreign governments, the Pentagon announced.The deal modifies an earlier contract , awarded in September 2018, for repair of Air Intercept Missile (AIM)-9X Tactical and Captive Air Training Missiles (CATMs).Under the modification, Raytheon will exercise options for production and delivery of Lot 20 AIM-9X, Block II and Block [...]