Raytheon Lands $2.1B Contract for Lower Tier Air Defense System

Raytheon Missiles and Defense, Andover, Massachusetts, was awarded a $2,089,200,000 fixed-price-incentive contract for low-rate initial production of Lower Tier Air and Missile Defense System. Bids were solicited via the internet with one received. Work will be performed in Andover, Massachusetts, with an estimated completion date of Nov. 30, 2028. Fiscal 2024 Foreign Military Sales (Poland) and research, development, test, and evaluation, Army funds in the amount of $815,875,200 were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-24-C-0024).