RTX bags $1.15B from U.S. Air Force for latest AMRAAM configuration

Raytheon Missiles and Defense (NYSE:RTX) has secured a $1.15B firm-fixed-price contract for Advanced Medium Range Air-to-Air Missile Production Lot 37. 

Under the contract, Raytheon Missiles and Defense, an RTX business to provide for the production of AMRAAM missiles, AMRAAM Telemetry System, initial and field spares, and other production engineering support activities.

Work will be performed in Tucson, Arizona, and is expected to be completed by Jan. 31, 2027.

Air Force Life Cycle Management Center, Air Dominance Division Contracting Office, Eglin Air Force Base, Florida, is the contracting activity.