Raytheon awarded $641M for ballistic missile defense system testing

January 17, 2018

UPI:

Jan. 16 (UPI) — The Missile Defense Agency has awarded Raytheon with a contract to test multiple radar platforms to support the Ballistic Missile Defense System.

The terms of the $641 million deal were announced Friday by the Department of Defense.

The contract awards Raytheon with an indefinite-delivery, indefinite-quantity cost-plus-incentive- and cost-plus-award-fee, which could provide the company with additional funds from the U.S. government for the quality of work performed on the contract.

While Raytheon will focus on testing the radar technology and corresponding sensors for the Ballistic Missile Defense System, the contract also calls for the company to conduct sensor modeling and simulation activities for the missile defense system…

Read full post.