Raytheon wins $492 million in contracts
Tucson-based Raytheon Missile Systems has won contracts worth about $492 million for work on its AIM-9X Sidewinder missile program, including upgrades and procurement.
Raytheon is being awarded a $264.8 million, five-year Navy contract for an AIM-9X upgrade program for the Navy, Air Force and several allied governments, the Pentagon said in a contract notice. More than 95 percent of the work will be performed in Tucson, the Defense Department said.
Separately, Raytheon was awarded a $227 million, two-year Navy contract modification for procurement of 447 AIM-9X Block II missiles for the Navy, Air Force and the governments of Japan, Korea, Romania and Israel, as well as training missiles, containers and spare parts. About 44 percent of the work is expected to be performed in Tucson.
