Marine Corps Awards Raytheon $380 Million Contract: Medium Range Intercept Capability Production

Raytheon Missiles and Defense, Tucson, Arizona, is awarded a not-to-exceed $380,000,000 firm-fixed-price and cost-plus-fixed-fee undefinitized contract action modification to a previously awarded contract M67854-25-C-0111 for Medium Range Intercept Capability (MRIC). The total cumulative face value of the contract is $412,519,000. The contract modification is for the full rate production scope of the MRIC requirement. This work will be performed in Tucson, Arizona, with an expected completion date of Aug 28, 2028. Fiscal 2025 procurement (Marine Corps) funds in the amount of $70,000,000 are obligated at the time of award. Contract funds in the amount of $70,000,000 will not expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Virginia, is the contracting activity.