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Raytheon (NYSE:RTN) Co., a RTX company based in Tucson, Arizona, received a $ 1.1 billion contract modification from the U.S. Navy. This modification, related to a previously awarded fixed-price incentive contract, involves the production and delivery of AIM-9X production Lot 25 requirements.
The contract modification includes options for 1,756 AIM-9X-4 Block II All Up Round Tactical Missiles, with allocations for the Navy, Air Force, and Foreign Military Sales (FMS) customers. Additionally, 242 AIM-9X-5 Block II+ All Up Round Tactical Missiles are designated for FMS customers, along with various training and test missiles, sectionalization kits, and maintenance kits.
Work for this contract will be carried out across multiple locations, including Tucson, Arizona; North Logan, Utah; Niles, Illinois; and several other sites in the U.S., Canada, and Germany. The project is expected to be completed by October 2028.
Funding for the contract will come from various fiscal year budgets, including 2025 weapons procurement for the Navy and Air Force, as well as FMS customer funds. A total of $597,227,867 is allocated for FMS customers, and some funds will expire at the end of the current fiscal year.
The Naval Air Systems Command in Patuxent River, Maryland, is overseeing the contracting activity. The contract action was not subject to competition.
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