RTX (RTX) was awarded a $333.28M firm-fixed-price and cost-plus-fixed fee contract for Standard Missile-6 full rate production requirements, spares, and round design agent. This contract includes options which, if exercised, would bring the cumulative value of this contract to $908.14M. Work is expected to be completed by October 2027. If all options are exercised, work will continue through September 2030. FY24 weapons procurement funding in the amount of $333.28M was obligated at time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S. Code 3204(a)(1). Naval Sea Systems Command is the contracting activity.
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