Raytheon Wins $39.6 Million US Navy Contract for AIM-9X

Published on Monday, 06 February 2012 09:04 Written by TradersHuddle Staff

TUCSON, Ariz., Feb. 6, 2012 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $39.6 million contract for Fiscal Year 2012 production and delivery of the AIM-9X Block II infrared-guided air-to-air missile. The contract, which modifies a previously awarded contract, was announced on Jan. 31 by the Department of Defense.

About the AIM-9X Block II

The AIM-9X Sidewinder is an infrared-guided air-to-air missile that has demonstrated capability in the surface-to-air and air-to-surface missions. The AIM-9X Block II adds a redesigned fuze and electronics along with other enhancements to the AIM-9X Block I. 

• AIM-9X is an infrared air-to-air missile that has proven surface-to-air capability.
• Raytheon has produced more than 4,500 AIM-9X Block I and II Sidewinder missiles.
• The weapon is currently integrated on the F/A-18 Hornet, F-15 Eagle and F-16 Fighting Falcon. 

About Raytheon

Raytheon Company, with 2011 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 71,000 people worldwide. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter at @raytheon.

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SOURCE Raytheon Company