Investment in Patriot Systems

Raytheon Co., Andover, Massachusetts, was awarded a $30,145,170 fixed-price incentive contract for the procurement of PATRIOT post deployment build hardware updates and Multifunctional Distribution System Block Upgrade 2. Bids were solicited via the internet with one received. Work will be performed in Andover, Massachusetts, with an estimated completion date of March 31, 2027. Fiscal 2023 Foreign Military Sales (Republic of Korea) funds in the amount of $30,145,170 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-23-C-0019).