RTX Corporation (RTX)

[OptionMonster]

Raytheon Co., Integrated Defense Systems, Portsmouth, R.I., is being awarded a $21,224,759 modification to previously awarded contract (N00024-06-C-5435) for 68 MK 20 MOD 1 Canisters and 156 MK 20 MOD 1 Frangible Covers in support of the Evolved SEASPARROW Missile (ESSM). The MK 20 MOD 1 Canisters are for Canada and the MK 20 MOD 1 Frangible Covers are for Canada, Netherlands and Belgium. The NATO SEASPARROW consortium, which includes the United States and 12 other countries, will fund all of the effort under this modification. Work will be performed in Hooveveen, Netherlands, and work is expected to be completed by Dec. 2010. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.