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Wednesday, December 24, 2014

Raytheon awarded $491 million contract for AMRAAM®

AIM-120 AMRAAMRaytheon Company is being awarded a fixed-price contract $491,478,068 for the Advanced Medium Range Air to Air Missile.

The contract is for the production of the AMRAAM® missile and other AMRAAM system items, including the captive air training missile, common munitions bit/reprogramming equipment and non-developmental item airborne instrumentation unit.

The contract includes foreign military sales to Korea, Oman, Singapore and Thailand.

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