Arthur McMiler
Raytheon has received a $74 million firm-fixed-price modification to a previously awarded U.S. Navy contract for requirements and spares of the Rolling Airframe Missile, or RAM, Mod 5 guided missile launching system.
The RTX business will perform most of the work in Louisville, Kentucky, and Ottobrunn, Germany, with the rest in several U.S. locations, the Department of Defense said Thursday. Work completion is expected by September 2028.
Contract Award Modification’s Funding Details
Funding obligated upon the contract award includes about $58.1 million from the Navy’s fiscal year 2025 allocations for other procurement. Approximately $15.2 million will be drawn from the service branch’s FY 2025 shipbuilding funds and $456,000 from the operations maintenance budget. Additional funding of $286,980 will come from the German cooperative fund.
Initial Mod 5 Contract
RTX booked in July 2023 the initial RAM Mod 5 contract with a potential $282.6 million value for design agent and engineering support services to the Navy and three foreign military sales customers: Qatar, Japan and Egypt.
