Award
Definitive Contract #N0002424C5406
Raytheon Awarded Definitive Contract for CIWS Production and Modernization
Buyer
Department of the Navy
Award Amount
$387,626,843.96
Ceiling
$438,057,775.96
Period of Performance
Jul 31, 2024 – Jan 04, 2029
Identifier
N0002424C5406
NAICS
334511
This award is a definitive contract granted to Raytheon Company, a leading defense technology firm known for its advanced weapon systems. The contract involves executing and funding the fiscal year 2025 production requirements for the Mk 15 Close-In Weapon Systems (CIWS), which are critical naval defense assets designed to counter missile threats. The significance of this contract lies in its support of the Navy's ongoing efforts to modernize and sustain essential missile defense capabilities, thereby enhancing national security. The scope of work includes the production, integration, and potential performance enhancements of the CIWS across multiple contract sections. Awarded through a competitive procurement process, the contract reflects the Navy's confidence in Raytheon's expertise and previous performance. The contract duration spans a substantial multi-year period, ensuring continuous support from mid-2024 through early 2029. The work will be primarily performed in Tucson, Arizona, indicating a significant regional economic impact. This contract modification builds upon Raytheon's established relationship with the Navy in providing advanced defensive weapon systems.
Description
EXECUTE AND FUND THE FY25 CIWS PRODUCTION REQUIREMENTS