Deals this week: Raytheon Missile Systems, BAE Systems, Lockheed Martin

18 May 2018 (Last Updated May 17th, 2018 16:21)

Raytheon Missile Systems has secured a $242.09m contract from the US Naval Sea Systems Command (NAVSEA) for Rolling Airframe Missile (RAM) Block 2 guided missile round pack requirements.

Raytheon Missile Systems has secured a $242.09m contract from the US Naval Sea Systems Command (NAVSEA) for Rolling Airframe Missile (RAM) Block 2 guided missile round pack requirements.

The company will deliver the RAM Block 2 round pack, missile ordnance alterations and spares to the customers, including the US Navy and the governments of Qatar, Turkey and Egypt, under the foreign military sales (FMS) programme.

The contract is expected to close by September 2023.

BAE Systems has received a contract worth £900m ($1.2bn) to support the next phase of the Royal Navy’s Dreadnought submarine programme.

Funding will be used for the design and construction activities, as well as procurement of materials in support of the four new Dreadnought-class submarines.

The company has also secured an additional £1.5bn ($2.03bn) for the construction of the seventh Astute-class nuclear-powered submarine.

Lockheed Martin has been awarded a contract worth $23.1m by the US Navy for the production of additional Enhanced Laser Guided Training Rounds (ELGTRs) until 2020.

The ELGTRs to be manufactured under the deal will be used to provide personnel with live-fire training on the Paveway™ II laser-guided bomb.

“The company has secured an additional $2.03bn for the construction of the seventh Astute-class nuclear-powered submarine.”

The deal exercises the initial option under the contract signed in 2017.

DZSP 21 LLC has secured a contract worth $83.61m from the US Naval Facilities Engineering Command (NAVFAC) to provide base operations support services at the US Navy’s Joint Region Marianas (JRM).

The company will provide facility management and base operating support for various activities, including port operations, material management, facility investment, and base support vehicles and equipment.

Contractual work will be performed at different locations on the island of Guam until February 2019.

Airborne Tactical Advantage Co LLC has been awarded a one-year contract modification worth $54.47m by the US Naval Air Warfare Center Aircraft Division (NAWCAD) to support the navy’s contracted air services (CAS) programme.

Contract modification will help the CAS programme provide contractor-owned and operated Type III high subsonic and Type IV supersonic aircraft to US Navy customers.

The subsonic and supersonic aircraft will provide a range of airborne threat simulation capabilities.