U.S. Navy awards contract to Raytheon for SPY-6 radarsMarch 15, 2019
U.S. defense contractor Raytheon Co. said on Thursday it had got a $402,6 million order for SPY-6 radars for the U.S. Navy.
The aerospace giant reported the company is awarded a$402,658,015fixed-price-incentive (firm target) modification to previously-awarded contract N00024-14-C-5315 to exercise options for Air and Missile Defense Radar Program (AMDR) low-rate initial production (LRIP).
This modification will provide for three AMDR LRIP units. The LRIP units will be deployed on DDG 51 Flight III-class ships. Work will be performed inMarlborough, Massachusetts, and is expected to be completed byMarch 2023. Fiscal 2019 shipbuilding and conversion (Navy) funding in the amount of$402,658,015will be obligated at time of award and will not expire at the end of the current fiscal year.