Raytheon Gains $30 Million Navy Joint Standoff Weapon Contract Change

The Navy gave Raytheon Co. [RTN] a $30 million modification to a previously awarded firm-fixed-price contract for Joint Standoff Weapons (JSOW).

In the latest work, Raytheon will provide 118 JSOW AGM-154C all-up-rounds, with 78 going to Poland and 40 to Greece. There also will be one dummy air training missile for Greece.

As well, there will be 108 CNU-672/E containers, with 67 to Poland and 41 to Greece.

Finally, there will be 2 PCMCIA cards for Greece, engineering/technical support, technical data, and administrative/financial data. The work is expected to be completed in February 2009.

This contract combines purchases of $21.3 million for Poland and $8.7 million for Greece under the Foreign Military Sales Program.

The Naval Air Systems Command at Patuxent River, Md., manages the contract.