Raytheon Wins $275M Missile Contract Modification

Law360, New York (June 30, 2014, 2:05 PM ET) -- Raytheon Co.'s missile unit received a $275 million modification to an extended-range ballistic missile contract for the U.S. Navy, according to a U.S. Department of Defense notice.

Raytheon Co. Missile Systems was awarded the contract on Friday to provide all-up rounds for the Standard Missile 6 interceptors, as well as SM-6 and Standard Missile 2 spares and containers, the DOD said.

The contract is a modification of a deal originally awarded in January 2013 and modified in September, when Raytheon Missile Systems received a $243 million...
To view the full article, register now.