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Air Force

Air Force Awards Raytheon Training Contract Worth Up To $20.9 Billion

Wednesday, August 26th, 2015

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Raytheon [RTN] was awarded by the U.S. Air Force as a prime contractor on the Training Systems Acquisition III (TSA III) contract, worth upwards of $20.9 billion over 10 years if all options are chosen.Under the Air Force Life Cycle Management Center contract selection, Raytheon is to compete in multiple order bids to provide lifecycle management for aircrew, maintenance, and systems-specific training systems on a global basis, the company explained. The contracts are indefinite-delivery/indefinite-quantity."We are more than ready to support…

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Congress

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