What Happened
Five-Year Deal To Nearly Double Missile Production For US And Allied Forces
The US Department of War has awarded Raytheon a multi-year contract valued at up to $20.7 billion to produce Advanced Medium-Range Air-to-Air Missiles (AMRAAM) for the United States and allied nations. The contract covers an initial five-year period with two option years and aims to nearly double AMRAAM production from previous levels. The procurement includes AMRAAM All Up Rounds, Guidance Sections, Direct Charge, and FMS Offsets. This development was reported by Unknown Source.