This article is included in these additional categories: Contracts - Awards | European Union (EU) | Naval Equipment | Raytheon | Surface Ships - Combat
$29.6M More to Support Foreign SM-2 Missile Customers
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Raytheon Co. in Tucson, AZ received a $29.6 cost-plus-award-fee modification to a previously awarded contract (N00024-03-C-5330) to provide engineering and technical services in support of the Standard Missile-2 Guided Missile Program for Foreign Military Sales (FMS). The SM-2 is the standard air defense missile on the USA's AEGIS-equipped warships, and a variant called the SM-3 is being tested as part of U.S. missile defense plans. This modification satisfies the requirements of the following FMS customers: Germany (16.5%); Japan (16.67%); Korea (16.67%); the Netherlands (16.67%); Spain (16.67%); and Canada (16.67%). Work will be performed in Tucson, AZ and is expected to be completed by December 2005. The Naval Sea Systems Command, Washington, issued the contract modification.
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