Raytheon Nets US Army IDIQ Contract Award
July 6, 2015 | Raytheon CompanyEstimated reading time: 1 minute
The U.S. Army Contracting Command – Warren recently awarded Raytheon Company the TACOM Strategic Service Solutions (TS3) indefinite delivery/indefinite quantity (IDIQ) contract. The five-year multiple-award vehicle has a ceiling value of $634 million.
The agreement covers future work on sensors, fire control systems, active protection systems, and robotics and autonomous systems for a variety of U.S. Army platforms.
"This contract award represents a major milestone in Raytheon's efforts to deliver vehicle-borne sensors and effectors," said Tom Bussing, vice president of Raytheon's Advanced Missile Systems product line. "Our customer is one of the Army's largest weapon systems research, development and sustainment organizations as well as the center of excellence for the Defense Department in the area of ground vehicles and ground robotics."
This is the first such contract awarded by the Contracting Command to Raytheon Company as a prime contractor. The TS3 contract will be managed in the Raytheon IDIQ Service Center to ensure efficiency and contract optimization by the entire company and its teammates. It is anticipated the majority of the task orders will be performed by Raytheon's Missile Systems business in Tucson.
About Raytheon
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 93 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cybersecurity and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com.
Suggested Items
Lockheed Martin Successfully Transitions Long Range Discrimination Radar To The Missile Defense Agency
04/23/2024 | Lockheed MartinThe Long Range Discrimination Radar (LRDR) at Clear Space Force Station in Clear, Alaska, completed DD250 final acceptance and was officially handed over to the Missile Defense Agency in preparation for an Operational Capability Baseline (OCB) decision and final transition to the Warfighter. In addition, prior to this transition, the system has started Space Domain Awareness data collects for the United States Space Force.
Real Time with... IPC APEX EXPO 2024: AI Implementation at Omron
04/18/2024 | Real Time with...IPC APEX EXPOEditor Nolan Johnson and Omron Product Manager Nick Fieldhouse discuss the company's focus on AI implementation to enhance customer experience and results. They address programming challenges and how AI can help customers achieve better outcomes with less experience. Omron's AI is compatible with existing systems, facilitating easy upgrades.
Cadence Unveils Palladium Z3 and Protium X3 Systems
04/18/2024 | Cadence Design SystemsThe Palladium Z3 and Protium X3 systems offer increased capacity, and scale from job sizes of 16 million gates up to 48 billion gates, so the largest SoCs can be tested as a whole rather than just partial models, ensuring proper functionality and performance.
Australian Flow Batteries and The SCHMID Group Announce Groundbreaking Memorandum of Understanding
04/17/2024 | SCHMID GroupAustralian Flow Batteries Pty Ltd (AFB), a leader in innovative energy solutions and economical, safe, and reliable power storage, and SCHMID Energy Systems GmbH a company of the German SCHMID Group, a global technology leader with a rich history in delivering innovative solutions across multiple industries including Electronics, Renewables, and Energy Storage sectors, are thrilled to announce the signing of a Memorandum of Understanding (MoU)
Ansys Joins BAE Systems’ Mission Advantage Program to Advance Digital Engineering Across US Department of Defense
04/16/2024 | ANSYSAnsys announced it is working with BAE Systems, Inc., to accelerate the adoption of digital engineering and MBSE across the Department of Defense (DoD).