2 days ago
RTX awarded $258.74M Navy contract
RTX (RTX) was awarded a $258.74M cost-plus-incentive-fee contract for the engineering, manufacturing, and development of the Standard Missile 2 Block IIICU All Up Round. This contract includes options which, if exercised, would bring the cumulative value of this contract to $263.14M. Work is expected to be completed by September 2031. This contract was not competitively procured in accordance with 10 U.S. Code 3204. Naval Sea Systems Command is the contracting activity.
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