This is a $146,664,212 cost-plus-fixed-fee Definitive Contract awarded by the Office of Naval Research (ONR) to Raytheon Company's Raytheon Missile Systems (RMD) division. The contract, titled "FUTURE ADVANCED STRIKE (FAST)", aims to enable the customer's intended Concept of Operations to provide Intelligence, Surveillance, and Reconnaissance (ISR) and precision strike capability. The contract has an ultimate completion date of October 25, 2025. No set-aside designation is mentioned.
As the prime contractor, Raytheon Company has a long history of delivering advanced defense systems, electronics, and technical services to the U.S. Department of Defense. Through this contract, Raytheon will likely leverage its expertise in areas like missile defense, radar, and sensor technologies to support the Navy and Marine Corps' operational needs. The contract also involves several subcontractors, including Bisco Industries, Chroma Systems Solutions, Javad Ems, HII Mission Technologies, and others, who will provide a variety of components, materials, and services to Raytheon in support of the overall program.
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