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Saturday, June 09, 2012

US Navy awards Raytheon $338 million for Tomahawk

Tomahawk Block IV cruise missileThe U.S. Navy awarded Raytheon Company a $338 million contract for the Tomahawk Block IV tactical cruise missile. The contract, which was announced by the Department of Defense on June 7, includes replenishment of weapons used during Operation ODYSSEY DAWN and procurement for the government's fiscal year 2012.

"Tomahawk Block IV is important for U.S. national security because it enables commanders to precisely engage heavily-defended and high-value targets from extremely long distances," said Capt. Joseph Mauser, the U.S. Navy's Tomahawk program manager. "With more than 2,000 combat uses and 500 successful tests, Tomahawk has proven highly reliable and effective."

The contract calls for Raytheon to build and deliver the Tomahawk Block IV cruise missiles, and provide warranties, flight test and life-cycle support. Production is scheduled to begin this year.

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