Raytheon has received a $652-million contract to equip the US Navy and allied navies with the Standard Missile-2 used in the AEGIS missile defense system, the US Department of Defense announced yesterday.
"Raytheon Missile Systems is being awarded a $617,633,351 fixed-price-incentive firm, firm-fixed-price and cost-plus-fixed-fee contract for procurement of fiscal 2017 Standard Missile-2 full-rate production requirements and spares for US and Allied Foreign Navies," the release said on Friday. "The cumulative value of the contract, if all options are exercised, is $652,778,666."
The contract includes foreign military sales to Japan, Australia, Netherlands and South Korea.
The Standard Missile 2 is the Navy's primary surface-to-air defense weapon and an integral part of the AEGIS weapon system carried on board Ticonderoga-class cruisers, Arleigh Burke-class destroyers and equivalent foreign navy warships.
The Standard Missile-2 is deployed for fleet area air defense and ship self-defense, according to the Defense Department.
Australia accepted the delivery of first air warfare destroyer (AWD) ‘Hobart in a ceremony today at the Osborne Naval Shipyard in Adelaide. Hobart will be Australias first ships to be equipped with Lockheed Martins Aegis Weapon System
The Pentagon has awarded General Dynamics with a Foreign Military Sales contract for the production of the critical components of Aegis missile fire-control system for the governments of the Republic of Korea and Japan. The contract worth $40 million is for the production of Missile Fire Control System MK 82 director and MK 200 director controller equipment, and associated engineering services, the US Department of Defense announced Tuesday
Japan is launching a feasible study to add US-built Aegis missile defense system to its defense capability amid rising nuclear threats by North Korea. Deployment of a land-based Aegis Ashore system could take place several years from now, the government sources told Japan Times Friday
Raytheon Integrated Defense Systems has won a $7.8 million US Navy contract to provide Signal Processor Alteration (ORDALT) kits in support of the Aegis anti-ballistic missile system Modernization (AMOD) program
Lockheed Martin has been awarded the US Navy contract worth $9 million for ship integration and test efforts of the AEGIS Weapon System (AWS) for USS Arleigh Burke (DDG-51) destroyer. “Lockheed Martin Corp
South Korean Defense Acquisition Program Administration (DAPA) has inked 18.1 billion won (US$15
Raytheon and General Dynamics Electric Boat developed new payload module for future US Navys Virginia-class fast-attack submarines will triple the number of Tomahawks the subs can carry. The Navys main conventional deep-strike weapon, Tomahawk is fired by surface ships and submarines to destroy high-value targets with lethal precision
Raytheon has won a $78 million contract for delivery of identification friend or foe transponders and ancillary equipment. Work is expected to be complete by Jan
Raytheon has won $25 million contract for Advanced Electronic Guidance and Instrumentation System (AEGIS) modernization production requirements. This delivery order covers the production of Solid State Switch Assembly (SSSA) Ordnance Alteration kits and spares, as well as test and installation efforts, in support of the AEGIS Modernization (AMOD) program, US Department of Defense said in a statement Friday
Mitsubishi SpaceJet Delivery Could be Delayed by a Year
Pakistan Army Gets New EW, Ground Surveillance Radar Facility
Nearly 3 Dozen US Personnel Diagnosed with Brain Injury Post Iran Strike
Longbow to Support Apache's Fire Control Radars of S.Korea, Taiwan, Saudi, UAE,...
Junked Railway Rake Mistook for Indian ICBM
France “Obstructing” Turkey-Eurosam Missile Defence System Project: Turkish Official
Turkey All But Gives up on F-35 Jet Deal, Seeks Alternatives
Indonesia Seeks Rafale Jets, Submarines, Warships in Defence Cooperation Deal with France
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...