Sputnik:
The US Department of Defense announced that Raytheon has been awarded a more than $652-million cumulative contract to provide the US Navy and allied navies with the Standard Missile-2 used as part of the AEGIS missile and air defense system.
Raytheon has been awarded a more than $652-million cumulative contract to provide the US Navy and allied navies with the Standard Missile-2 used as part of the AEGIS missile and air defense system, the US Department of Defense announced in a press release.
“Raytheon Missile Systems is being awarded a $617,633,351 fixed-price-incentive firm, firm-fixed-price and cost-plus-fixed-fee contract for procurement of fiscal 2017 Standard Missile-2 full-rate production requirements and spares for US and Allied Foreign Navies,” the release said on Friday. “The cumulative value of the contract, if all options are exercised, is $652,778,666″…
