$580M Defense Contract Boosts Raytheon’s EW Capabilities Through 2028

Raytheon Co., El Segundo, California, is awarded a $580,589,011 fixed-price incentive (firm-target) contract for the production and delivery of low rate initial production Lot V of the Next Generation Jammer Mid-Band ship sets, to include spares and data in support of ensuring that manufacturing technologies and processes are mature and will support full rate production decisions for the Navy and the Royal Australian Air Force (RAAF). Work will be performed in Forest, Mississippi (53%); McKinney, Texas (41%); El Segundo, California (labor surplus area) (5%); and Andover, Maine (1%), and is expected to be completed in November 2028. Fiscal 2025 aircraft procurement (Navy) funds in the amount of $353,267,179; working capital (Navy) funds in the amount of $113,454,432; and RAAF cooperative funds in the amount of $113,867,400, will be obligated at the time of award, none of which will expire at the end of the current fiscal year. This contract was not competed. Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity (N0001925C0104).