Raytheon Company (NYSE: RTN) has announced The US Air Force has awarded the company with an indefinite-delivery/indefinite-quantity contract valued at up to USD 494,921,934 for Solid State Modules Replacement for the Ballistic Missile Early Warning System and the Precision Acquisition Vehicle Entry Phased Array Warning System radars, the company said.
Phase I includes the production of 148 qualification units and Phase II includes the full rate production of spares, out of band replacements at the Fylingdales Royal Air Force Station, and sensitivity improvement units for a maximum total production of up to 40,071 for all five radar sites.
This contract has a base ordering period of five years with a two year ordering option period. Work will be performed at Woburn, Massachusetts, and is expected to be completed by Sept. 19, 2026. This award is the result of a competitive acquisition and three offers were received. Fiscal 2019 space procurement funds in the amount of USD 33,306,271 are being obligated at the time of award.
Raytheon Company, with 2018 sales of USD 27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions.