Local Raytheon wins contract extensions
ARIZONA DAILY STAR
The Navy is awarding more than $45 million to Raytheon Co. for additional work in Tucson on two weapons systems.
The Defense Department on Tuesday announced a $30.6 million contract modification to increase this year’s ceiling on contract funds for the MK-31 Rolling Airframe Missile Guided Missile Weapon System, a joint project of the U.S. and Germany.
Raytheon also gets a $15 million contract modification for services supporting the MK15 Phalanx Close-in-Weapon System. The system tracks and destroys high-speed maneuvering missiles that have penetrated all other defenses of a ship.
The Phalanx system is installed on 187 US Navy ships. Twenty foreign navies also use it.