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Raytheon Awarded $15 Million Over-The-Horizon Missile Contract

Thursday, May 31st, 2018

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Raytheon Awarded $15 Million Over-The-Horizon Missile Contract

The Navy's test of the Naval Strike Missile (NSM) on a Littoral Combat Ship in 2018. (Photo: US Navy)

The Navy on Thursday awarded Raytheon [RTN] a $15 million firm-fixed-price contract for the Over-the-Horizon (OTH) missile program for use on Littoral Combat Ships (LCS) and the future guided-missile frigate (FFG(X).The Navy released its request for proposals (RFP) for the OTM program last year and it closed last June.A Raytheon-Kongsberg Gruppern team was the only remaining competitor after Boeing [BA] and Lockheed Martin [LMT] both dropped out last May. Those companies said the requirements in the original RFP changed top…

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