CONTRACTS

Raytheon lands potential $466M missile engineering contract

Work covers three ship-based weapon variants

Raytheon has received a potential four-year, $466 million contract to perform engineering and technical services on the U.S. Navy’s Standard Missile-2, SM-3 and SM-6 ship-based missile defense interceptors.

This latest cost-plus-fixed-fee award has a base value of $113.2 million and includes options that would extend the contract to its full ceiling value.

Contract work will include research-and-development, engineering, evaluation, component update and production proofing services.

Eight countries outside the U.S. have deployed SM-2 weapons on vessels for air defense: Australia, Canada, Germany, Japan, Korea, the Netherlands, Spain and Taiwan.

Japan and the U.S. have adopted SM-3, while those countries use SM-6 alongside Australia and South Korea.

Approximately $2.6 million in funds have been obligated at the time of award and will not expire at the end of the current federal fiscal year.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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