Radar-guided missile defense system for ships will get update from Raytheon
NewsAugust 20, 2019
TUCSON, Ariz. Raytheon Missile Systems has won a potential four-year, $367.2 million contract from the U.S. Navy to update a radar-guided missile defense system and related hardware for several domestic and foreign military customers.
Under the terms of the contract, Raytheon will work on upgrades and conversions, system overhauls, and associated hardware for the MK 15 Close-In Weapon System (CIWS), a fast-reaction terminal defense used on Navy surface combatant ships against high-speed maneuvering antiship missile threats that have penetrated all other defenses.
Fiscal 2019 U.S. Navy and Army funds, as well as foreign military sales funds from the U.K. and Saudi Arabia, will be obligated to cover the firm-fixed-price contract’s base amount.
The Defense Dept. expects contract work to be complete by October 2023.
