US Awards Raytheon $1.19B AMRAAM Missile Contract Modification
The US Department of Defense has awarded a $1.19-billion contract modification to Raytheon Technologies for Advanced Medium Range Air-to-Air Missiles (AMRAAM).
The firm-fixed-price incentive modification contract covers the production of additional AMRAAM missiles, AMRAAM telemetry systems, initial and field spares, and other production engineering support hardware and activities.
It builds on the previous $1.15-billion contract from 2023 to supply AMRAAM Production Lot 37 to the US Air Force, US Navy, and partner countries.
Through foreign military sales, this 2024 contract specifies that Bahrain, Bulgaria, Canada, Finland, Germany, Hungary, Italy, Japan, Norway, Switzerland, Ukraine, and the UK will also receive said equipment.
The production work is expected to be completed by December 31, 2028.