An F-35 firing an AMRAAM. (Photo: Raytheon)
The U.S. Air Force awarded Raytheon (RTN) a $491 million fixed-price incentive firm type contract for Advanced Medium Range Air to Air Missile (AMRAAM) production, the company said on Tuesday.
This award is the result of a sole-source acquisition.
Raytheon is to provide AMRAAM missiles and other system items. This includes the captive air training missile, common munitions bit/reprogramming equipment, and non-developmental item airborne instrumentation unit.
The contract includes foreign military sales to South Korea, Oman, Singapore and Thailand
The work is to be performed at the company’s Tuscon, Ariz., facility. It is expected to be finished by February 2017.