Raytheon Receives $99M for SM-3 Block IB Parts Procurement: Expected Completion in 2026

Raytheon Technologies, Tucson, Arizona, is being awarded a noncompetitive firm-fixed-price contract. The total value of this contract is $99,000,000. Under this contract, the contractor will procure and deliver SM-3 Block IB parts that are manufactured, assembled, and tested in accordance with the SM-3 Block IB specifications. The work will be performed in Tucson, Arizona; and Huntsville, Alabama, with an expected completion date of March 31, 2026. The period of performance is from Feb. 19, 2025, through March 31, 2026. Fiscal 2024 procurement funds in the amount of $49,437,643 will be obligated at the time of the award. The Missile Defense Agency, Huntsville, Alabama, is the contracting activity (HQ085124C0001).