Raytheon Awarded $68M Phase II Development Contract For SM-3 Missile Program

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  • 08:03 AM, December 15, 2016
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Raytheon Awarded $68M Phase II Development Contract For SM-3 Missile Program
Raytheon Awarded $68M Phase II Development Contract For SM-3 Missile Program (Raytheon photo)

The US Missile Defense Agency awarded a $68 million Phase II contract to Raytheon for designing and testing of the Guidance Electronics Unit (GEU) software capability for Standard Missile-3 (SM-3) Block IIA missile.

“Raytheon Missile Systems Co., Tucson, Arizona, is being awarded a $68,071,044 sole-source, cost-plus-incentive-fee modification. This modification award is for the execution of the Guidance Electronics Unit (GEU) engineering change proposal Phase II under the Standard Missile-3 (SM-3) Block IIA contract,” the US Department of Defense announced Wednesday.

Congress was notified of the Phase I procurement in February 2016. The GEU software capability will be integrated into the SM-3 Block IIA missile.

The modification brings the total cumulative face value of the contract to $1,955,924,721 from $1,887,853,677, according to the statement.

The work will be performed in Tucson, Arizona, with an expected Phase II completion date of Sept. 30, 2018. 

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