$70.4M to Raytheon for Predator Targeting SystemsFeb 27, 2007 06:59 UTC by Defense Industry Daily staff
Raytheon Co. in McKinney, TX received a $70.4 million firm-fixed-price contract for production 60 Multi-spectral Targeting System-As (MTS-As) for MQ-1 Predator UAVs, and 5 upgraded MTS-Bs for use on its hunter-killer derivative the MQ-9 Reaper. At this time, $8.6 million have been obligated.
Solicitations began November 2006, negotiations were complete February 2007, and work will be complete August 2008. The Headquarters Aeronautical Systems Center at Wright-Patterson Air Force Base, OH issued the contract (FA8620-06-G-4041-0002).