RTX awarded $266.91M Missile Defense Agency contract modification

RTX (RTX) was awarded a noncompetitive fixed-price-incentive-fee modification, definitizing two previously announced undefinitized contract actions for Standard Missile Block IB production. The value of this contract modification is $266.91M, increasing the previously announced value of $1.1B to a total value of $1.37B. The total definitized value of this award increases the total existing contract value from $1.95B by $1.37B to $3.31B. Under this modification, the contractor will procure and deliver an additional quantity of 23 SM-3 Block IB All-Up Rounds for a total of 78 SM-3 Block IB AURs. This contract includes one-time costs to restart the SM-3 IB production line. The work will be performed in Tucson, Arizona; and Huntsville, Alabama, with an expected completion date of May 2030. Fiscal 2024 and 2025 procurement funds are being used to fully fund this effort upon award. The Missile Defense Agency is the contracting activity.