raytheon

The U.S. Army awarded the Javelin Joint Venture (a joint venture between Raytheon Technologies and Lockheed Martin) an indefinite-delivery, indefinite-quantity (IDIQ) production contract with a total ceiling of $7.2 billion for fiscal years 2023 to 2026 for the Javelin weapon system and associated equipment and services. This award includes a base year with authorized funding to $1.02 billion and production ramp support to increase Javelin All Up Round (AUR) production to 3,960 per year by late 2026.

Lockheed and Raytheon win $7.2 billion Javelin production contract

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The production contract provides procurement of Javelin systems and support for the U.S. Army and international customers. The contract will also provide tooling, test equipment and non-recurring effort (NRE) for the Javelin production ramp that will support increasing Javelin production capacity both at JJV factories and throughout the supply chain. “We understand the importance of […]

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Raytheon Technologies was awarded a USD 619 million contract to continue to produce AN/SPY-6(V) radars for the US Navy. This is the second option exercised from the March 2022 hardware, production and sustainment contract that is valued up to USD 3 billion over five years.

Raytheon signs USD 619 million contract for SPY-6 family of radars

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“SPY-6 is the most advanced naval radar in the world providing unprecedented integrated air and missile defense capabilities,” said Kim Ernzen, president of Naval Power at Raytheon Missiles & Defense. “Integration into the US fleet is well underway with SPY-6 operating on the Navy’s first, new Flight III destroyer. This contract enables the radar to

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