Raytheon Secures $12M Contract for Standard Missile Repair & Maintenance

Raytheon Co., Tucson, Arizona, is awarded a $12,160,995 firm-fixed-price and cost-plus-fixed-fee modification to previously awarded contract N00024-23-C-5408 to exercise options and incrementally fund existing contract line items for Standard Missile (SM) depot and intermediate level repair and maintenance and procurement of provisioned items ordered spares. Work will be performed in Tucson, Arizona, and is expected to be completed by May 2029. Fiscal 2025 operations and maintenance (Navy) funds in the amount of $10,156,109 (90%); Foreign Military Sales (FMS) (Taiwan) funds in the amount of $475,000 (5%); FMS (Germany) funds in the amount of $457,949 (4%); and FMS (South Korea) funds in the amount of $138,706 (1%), will be obligated at time of award, of which, $10,156,109 will expire at the end of the current fiscal year. Naval Sea Systems Command, Washington, D.C., is the contracting activity.