Raytheon Company has been awarded a $346 million contract increment to supply
the U.S. and United Kingdom navies with the Block IV (Tactical) Tomahawk cruise
missile. This is the third installment on a multi-year contract whose value
could reach $1.6 billion.
The fiscal year 2006 production contract calls for production of 473 missiles,
65 of which are the submarine torpedo tube-launched variant for the U.K.
Manufacturing work will be done at Raytheon's Missile Systems businesses in
Tucson, Arizona, and Camden, Arkansas, and is expected to be completed in 2009.
Raytheon began delivering Block IV missiles to the U.S. Navy in mid-2004. Block
IV Tomahawk is the next generation of the Tomahawk family of cruise missiles,
incorporating innovative technologies to provide new, flexible operational
capability while dramatically reducing acquisition, operations and lifecycle
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