TUCSON, Ariz., March 10, 2015 /PRNewswire/ -- Raytheon received a contract modification for $122,443,911 to a previously awarded firm-fixed-price contract (N00019-14-C-0075) for the procurement of 114 Tomahawk Block IV All Up Round missiles for the U.S. Navy. This completes the Navy's planned purchase of 214 Tomahawk Block IV missiles for fiscal year 2015 and continues to build the inventory to support warfighting requirements.
"Employed in every recent conflict, submarine and surface-launched Tomahawk missiles continue to be our nation's weapon of choice to defeat high value threats," said Dave Adams, Raytheon Tomahawk senior program director. "Raytheon continues an acute focus on maintaining affordability and enhancing the impressive capabilities of this sophisticated weapon system."
Work will be performed in Tucson and across 29 states within the United States. Work is expected to be completed by August 2017.
About Tomahawk Block IV
With a range of more than 1,000 miles the Tomahawk Block IV missile is a surface and submarine-launched precision strike stand-off weapon. Tomahawk is designed for long-range precision strike missions against high-value and heavily defended targets. Raytheon and the U.S. Navy are working to provide Tomahawk with even greater capability to add a multi-effects warhead system and multi-mode seeker to engage moving targets on land and at sea.
Raytheon Company (NYSE: RTN), with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 93 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon.
Ashley H. Mehl
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SOURCE Raytheon Company