Raytheon Wins $699M Army Contract for Advanced Surface-to-Air Missile Systems

Raytheon Co., Tewksbury, Massachusetts, was awarded a $698,948,760 firm-fixed-price contract for the procurement of National Advanced Surface to Air Missile System fire units. Work will be performed in Tewksbury, Massachusetts, with an estimated completion date of Feb. 28, 2031. Fiscal 2026 Foreign Military Sales (Taiwan) funds in the amount of $698,948,760 were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-26-C-0002).