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MISSILE NEWS
Raytheon nabs $768.3M contract to provide AMRAAMs to foreign partners
by Christen Mccurdy
Washington (UPI) Dec 27, 2019

Raytheon Missile Systems received a $768.3 million contract to produce Advanced Medium Range Air-to-Air Missiles as well as captive air training missiles and support hardware, the Department of Defense announced.

The 7-inch-diameter AMRAAM is the world's most popular beyond-visual-range missile, capable of air-to-air and surface launches, according to Raytheon.

Nearly half the contract -- 47% -- is funded by the foreign military sales program, including unclassified sales to South Korea, Saudi Arabia, Kuwait and more than a dozen other nations.

Other funds for the contract will come from Air Force and Navy budgets and are obligated at the time of the award.

Work will be performed in Tucson, Ariz., with an estimated completion date of Feb. 28, 2023.


Related Links
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Lockheed Martin's precision strike missile successful in first flight test
Dallas TX (SPX) Dec 12, 2019
Lockheed Martin has tested its next-generation long-range missile designed for the U.S. Army's Precision Strike Missile (PrSM) program at White Sands Missile Range, New Mexico. All test objectives were achieved. During the flight test, the PrSM was fired from Lockheed Martin's High Mobility Artillery Rocket System (HIMARS) launcher and flew approximately 240 kilometers to the target area. "Today's success validates all of the hard work our PrSM team has put into the design and development of ... read more

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