Raytheon Technologies awarded $1.23B Army contract

Raytheon was awarded a $1.23B firm-fixed-price contract for Patriot Missile System fire units. Bids were solicited via the internet with two received. Work has an estimated completion date of December 31, 2032. FY23 Foreign Military Sales funds in the amount of $1.23B were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.