RTX was awarded a $2.09B fixed-price-incentive contract for low-rate initial production of Lower Tier Air and Missile Defense System. Bids were solicited via the internet with one received. Work will be performed in Andover, Massachusetts, with an estimated completion date of November 30, 2028. FY24 Foreign Military Sales and research, development, test, and evaluation, Army funds in the amount of $815.88M were obligated at the time of the award. Army Contracting Command is the contracting activity.
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