The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $166.9 million contract for Lot 9 production and delivery of the AIM-9X infrared-guided air-to-air missile.
The firm-fixed-price contract will provide the U.S. military and its allies with AIM-9X Block I missiles and introduce into the inventory the new AIM-9X Block II captive air training missile (CATM). The contract will provide more than 250 jobs for Raytheon employees and create work for more than 10 major suppliers in eight states.
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