Raytheon Company was awarded a $528,797,459 fixed-price incentive, firm target contract modification for Advanced Medium Range Air-to-Air Missiles (AMRAAM). Raytheon will provide AMRAAM Lot 29 missiles and other AMRAAM system items. This contract involves foreign military sales.

Work will be performed in Tucson and is expected to be complete by January 2018. This award was booked in the first quarter 2015.

AMRAAM is a combat-proven missile that has demonstrated operational flexibility in both air-to-air and surface-launch engagement scenarios and provides today's warfighter with enhanced operational capability, cost effectiveness and future growth options/solutions. Procured by 36 countries, the combat-proven AMRAAM has been operational and integrated on the F-16, F-15, F/A-18, F-22, Typhoon, Gripen, Tornado, Harrier, F-4 and the Joint Strike Fighter aircraft. It is also the baseline missile for the National Advanced Surface-to-Air Missile System.

Meanwhile, the U.S. Navy awarded Raytheon $109,583,490 million order to purchase the long-lead materials needed to meet Standard Missile-6 (SM-6) full-rate production requirements and Standard Missile-2 (SM-2) sustainment. This award was booked in the first quarter 2015.

SM-6 is a surface-to-air supersonic missile capable of successfully engaging manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft. It also defends against land-attack and anti-ship cruise missiles in flight.

The SM-6 deployed for the first time in 2013, and Raytheon has delivered more than 160 missiles. The missile's final assembly takes place at Raytheon's state-of-the-art SM-6 and SM-3 all-up-round production facility at Redstone Arsenal in Huntsville, Ala.

SM-2 is the world's premier fleet-area air defense weapon, providing increased intercept range, high- and low-intercept capability, and performance against advanced and anti-ship missile threats. Its primary mission is fleet-area air defense and ship self-defense, but it has also demonstrated an extended-area air defense protection capability.

Furthermore, Raytheon Company received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer (MALD-J) missile. The contract modification is for Lot 8.

Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015.

MALD® is a state-of-the-art, low-cost expendable flight vehicle that is modular, air-launched and programmable. It weighs fewer than 300 pounds and has a range of approximately 500 nautical miles.  MALD-J adds radar-jamming capability to the basic MALD platform.