Raytheon Secures $84M Contract Boost for Advanced Missile Production & Training

Raytheon, Tucson, Arizona, has been awarded a $84,166,532 fixed-price-incentive-fee modification (P00001) to previously awarded (FA8672-25-C-B001) to increase quantity of all up rounds with containers, guided test vehicles, and weapon load crew trainers. The modification brings the total cumulative face value of the contract to $366,510,523 from $282,343,991. Work will be performed in Tucson, Arizona, and is expected to be completed by July 31, 2028. Fiscal 2025 (Air Force) missile procurement funds in the amount of $78,174,734; fiscal 2025 (Navy) weapons procurement funds in the amount of $2,316,876; fiscal 2025 (Air Force) operation and maintenance funds in the amount of $189,034; and fiscal 2025 (Air Force) research, development, test and evaluation funds in the amount of $3,485,888, are being obligated at the time of award. The Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.