Raytheon Awarded $40M Contract for H-60 Targeting System Support

Raytheon Awarded $40M Contract for H-60 Targeting System Support

20-Dec-2018 Source: US DoD

Raytheon Co., McKinney, Texas, is awarded $40,313,300 for a firm-fixed-price requirements contract for the repair of the Multi-Spectral Targeting system in support of the H-60 aircraft. The contract will include a two-year base period and a one-year option period which if exercised, the total value of the contract will be $58,777,194. All work will be performed in Jacksonville, Florida. Work is expected to be completed by July 2020; if all options are exercised, work will be completed by July 2021. Working capital funds (Navy) in the amount of $11,268,133 will be issued as a delivery order (N00383-19-F-U200) that will be awarded concurrently with the contract. Funds will not expire at the end of the current fiscal year. One company was solicited for this non-competitive requirement and one offer was received in accordance with 10 U.S. Code 2304(c)(1) and Federal Acquisition Regulation 6.302-1. Naval Supply Systems Command Weapon Systems Support, Philadelphia, Pennsylvania, is the contracting activity. (N00383-19-D-U201)

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