Raytheon Rockets Ahead: $73M Boost for Standard Missiles Engineering!

Raytheon Co., Tucson, Arizona, is awarded a $73,919,678 cost-plus-fixed-fee modification to a previously awarded contract (N00024-23-C-5410) to exercise options for Standard Missiles Two and Six engineering and technical support. This modification involves Foreign Military Sales (FMS) to Australia. Work will be performed in Tucson, Arizona (95%); Camden, Arkansas (2%); St. Petersburg, Florida (2%); and Huntsville, Alabama (1%), and is expected to be completed by September 2025. Fiscal 2023 weapons procurement (Navy) funds in the amount of $3,400,000 (69%); fiscal 2024 research, development, test and evaluation (Navy) funds in the amount of $1,229,512 (25%); and FMS funds (Australia) in the amount of $300,000 (6%), will be obligated at time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S. Code 3204(a)(1) (only one responsible source and no other supplies or services will satisfy agency requirements). The Naval Sea Systems Command, Washington, D.C., is the contracting activity.