Home Business Awards Raytheon Awarded additional $50.6 million for AMRAAM Lot 16 Production

Raytheon Awarded additional $50.6 million for AMRAAM Lot 16 Production

Raytheon has been awarded a $50.6 million firm-fixed price ontract modification to produce an additional 142 Advanced Medium Range Air-to-Air Missiles (AMRAAM). This is the second modification to the Lot 16 contract award received in April, and it brings the total number of missiles ordered in Lot 16 to 754 with contract values of more than $289 million.
The Lot 16 contract provides five additional years of fixed price options (Lots 17-21) with a potential contract value of nearly $2 billion and a total quantity of up to 5,000 missiles. The award was made by the U.S. Air Force Air Armament Center Counter-airJoint Systems Program Office (JSPO), Eglin Air Force Base, Fla.

The Lot 16 missiles will be produced for the U.S. Air Force and Navy as well as a number of international customers.

Work will be performed at Raytheon’s facilities in Tucson, Ariz., and ndover, Mass. Final assembly and delivery will occur in Tucson. Production is expected to be complete in August 2004.
AMRAAM is a software-driven, radar-guided missile that gives pilots the ability to “launch and leave” and to engage multiple targets during a single engagement. To date, more than 12,000 missiles have been produced for U.S. and
international customers.