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Home Industry

Raytheon’s Major Contract for Missile System Improvement

Raytheon has secured a contract for design and engineering support services related to the Rolling Airframe Missile upgraded MK 31 Guided Missile Weapon System Improvement Program.

  • Editor Staff
  • July 17, 2023
New York, USA - 18 March 2021: Raytheon Technologies company logo icon on website, Illustrative Editorial
(Shutterstock / Photo Contributor Postmodern Studio)
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Raytheon has secured a contract for design and engineering support services related to the Rolling Airframe Missile upgraded MK 31 Guided Missile Weapon System Improvement Program. In other developments, AeroControlex won a deal for C-130 aircraft mounting winches, Israel Aerospace Industries (IAI) intends to acquire HELA Systems Private Limited, and Australia has committed to supplying an additional 30 Bushmaster Protected Mobility Vehicles to Ukraine.
  

Key Points: 

  1. Raytheon’s $28 million contract includes an option that, if exercised, would increase the deal’s cumulative value to $282,551,290. The contract also combines purchases for the U.S. Navy and the governments of Qatar, Japan, and Egypt under the Foreign Military Sales program.
  2. AeroControlex won a $12.2 million deal for C-130 aircraft mounting winches, with the performance completion date set for January 31, 2025.
  3. Israel Aerospace Industries has strategically acquired HELA Systems Private Limited, an Indian subsidiary of ELTA Systems Ltd., reinforcing its commitment to India’s “Atmanirbhar Bharat” vision.
  4. Australia has increased its commitment to Ukraine’s defense by agreeing to provide 30 Bushmaster Protected Mobility Vehicles, raising its overall military aid to $606 million.
  5. Amid ongoing tension with China, a U.S. reconnaissance plane flew through the Taiwan Strait to assert the United States’ commitment to a free and open Indo-Pacific.

 

Source: https://www.defenseindustrydaily.com/raytheon-tapped-for-mk-31-iai-to-acquire-hela-australia-to-supply-additional-bushmasters-to-ukraine-048174/ 

Editor Staff

Editor Staff

The Editor Staff at SOFX comprises a diverse, global team of dedicated staff writers and skilled freelancers. Together, they form the backbone of our reporting and content creation.

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