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Saturday, December 29, 2012
Tucson-based Raytheon unit gets $360M for ship-defense missiles
Tucson-based Raytheon Missile Systems has been awarded more than $360 million in contracts to produce and support a key ship-defense missile system for the U.S. and allied navies, the Defense Department announced.
The company won a $226.8 million contract for fiscal 2013, 2014 and 2015 production of the Evolved SeaSparrow Missile, a supersonic ship self-defense missile developed by a consortium of NATO nations.
Raytheon also was awarded a $140 million contract for calendar year 2013 Evolved SeaSparrow support services, including in-service and technical engineering.
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