Raytheon Wins $60 Million Contract For Rolling Airframe Missile Weapon System

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  • 09:39 AM, December 9, 2016
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Raytheon Wins $60 Million Contract For Rolling Airframe Missile Weapon System
Raytheon Wins $60 Million Contract For RAM Guided Missile Weapon System

The US Navy has awarded a contract worth $60 million for Rolling Airframe Missile (RAM) Block 2 guided missile round pack (GMRP) requirements.

“Raytheon Missile Systems, Tucson, Arizona, is being awarded a $60,194,970 modification to a previously awarded firm-fixed-price contract (N00024-16-C-5400) to exercise an option for fiscal 2017 U.S. Navy Rolling Airframe Missile (RAM) Block 2 guided missile round pack (GMRP) requirements,” the US Department of Defense announced Thursday. 

The RAM guided missile weapon system is co-developed and co-produced under an international cooperative program between the U.S.’ and Federal Republic of Germany’s governments.

RAM is a missile system designed to provide anti-ship missile defense for multiple ship platforms. This contract is to procure material, fabricate parts, assemble and test, and deliver RAM Block 2 MK 44 Mod 4 guided missile round packs.  

This contract includes options which, if exercised, would bring the cumulative value of this contract to $142 million.  

Work is expected to be completed by October 2018. Fiscal 2017 weapons procurement (Navy) funding in the amount of $60 million will be obligated at the time of award and will not expire at the end of the current fiscal year, the statement said.   

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