Raytheon Tapped For Tomahawk Modernization defenseindustrydaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from defenseindustrydaily.com Daily Mail and Mail on Sunday newspapers.
According to the Department of Defense, Raytheon Co. has been awarded a $287,000,000 modification to a previously awarded firm-fixed-price, cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract .
RTX secures $287M Navy contract modification seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
The US Navy has approved a $287 million contract extension to Raytheon in order to modernize 166 Tomahawk cruise missiles for an additional 15 years of service, the Department of Defense announced in a press release.