FY06 Order: $346M for 473 Tactical Tomahawk Block IV Cruise Missiles

Block IV Cutaway(click to view full) Raytheon Company announced that it has been awarded a $346 million FY 2006 production contract increment to supply the U.S. and United Kingdom navies with the Block IV (Tactical) Tomahawk non-nuclear cruise missile. Raytheon notes that this is the third installment on a multi-year contract whose value could reach $1.6 billion. Manufacturing work will be done at Raytheon’s Missile Systems businesses in Tucson, AZ and Camden, AR, and is expected to be complete in 2009. The Navy and Raytheon have entered into a five-year procurement contract to replenish Tomahawk inventory at the most affordable cost. The legacy program Tomahawk missile is the Navy’s weapon of choice for critical, long-range precision strike missions against high value, heavily defended targets. Other notes re: the Block IV missiles and related recent contracts include… Block IV: The FY 2006 Order TLAM Block IV test flight(click to view full) FY 2006 production calls for 473 missiles, 65 of which are the submarine torpedo tube-launched variant for the U.K. A previous contract has already taken care of the difference in costs for the submarine-launched version. Budgeted FY 2005 values for US missiles were $277.2 million for 298 missiles, while official […]