Raytheon Wins $285M Contract for SM-3 Missile from MDA
12:00 AM, September 19, 2011
The Missile Defense Agency is announcing the award of a sole-source undefinitized contract action to Raytheon Missile Systems Co., Tucson, Ariz., under contract N00024-07-C-6119, modification P00068. A cost-plus-incentive-fee modification is contemplated. The total not-to-exceed value of this effort is $285,800,000, increasing the total contract value from $1,269,128,730 to $1,554,928,730. Under this modification, the contractor will manufacture an additional 23 Standard Missile-3 Block IA missiles. The work will be performed in Tucson, Ariz. The performance period is from date of award through April 30, 2014. Fiscal 2011 defense-wide procurement funds in the amount of $60,000,000 will be used to incrementally fund this effort. Contract funds will not expire at the end of the current fiscal year. This is not a Foreign Military Sales acquisition. The Missile Defense Agency, Dahlgren, Va., is the contracting activity.
Aerojet Rocketdyne's propulsion systems successfully contributed to the first successful salvo engagement of two Raytheon Standard Missile-3 (SM-3) Block IB guided missiles against a ballistic missile target.
The SM-3 Block IB guided missile is part of...