Raytheon Company’s RTN Missile Systems (MS) business division recently secured a $62 million cost-plus-incentive-fee option contract for the Advanced Medium Range Air-to-Air Missile (AMRAAM) program. The contract, which was awarded by the Air Force Life Cycle Management Center, Eglin Air Force Base, Fla., calls for the form, fit, and function refresh of the AMRAAM guidance section per the exercise of options about Phase 5 activities and foreign military sales (FMS) drawings. The contract is expected to be completed by December 21, 2020, with work performed primarily in Tucson, Ariz. It will involve FMS to Norway, Turkey, Japan, Romania, and Australia.
The AMRAAM system, with its AIM-120 Advanced Medium-Range-Air-to-Air missiles, features beyond-visual-range air-to-air missiles (BVRAAMs) capable of all-weather day-and-night operation which is highly dependent upon its sophisticated active guidance subsystem. The AMRAAM system has been demonstrated in more than 4,200 test shots and 10 air-to-air combat victories and has been procured by 37 nations, including the U.S. It has been installed in the best-known and trusted military aircraft, including F-16, F-15, F/A-18, F-22, Typhoon, Tornado, and Harrier jets.
Raytheon has enjoyed strong growth as the demand for military missile systems has grown across the international market. The company has experienced sizable recent FMS contracts more than $1 billion for its PATRIOT missile systems, from Sweden and Poland, because of growing international political tensions. This has established Raytheon as an international market leader in military missile systems—a market that is expected to rise steadily through 2022.
