Navy awards $743M in prototype contracts for SLCM-N missile program
The latest in this situation
How it started
What happened
The U.S. Navy awarded five prototype Other Transaction Authority agreements for the SLCM-N missile program, with a combined value of approximately $743.6 million. These contracts cover missile development, flight system integration, and canister development. Separately, BAE Systems received a $94.6 million Navy contract for engineering, technical, and programmatic services supporting the missile.
From executivegov.com
Why it matters
The awards represent significant government funding for the advancement of nuclear-armed sea-launched cruise missile technology. The contracts support the Strategic & Spectrum Missions Advanced Resilient Trusted Systems initiative.
From executivegov.com
Who's involved
- BAE SystemsReceived a $94.6 million contract for engineering and technical services supporting the SLCM-N missile.
- RaytheonWas selected for flight system integration and missile development under the SLCM-N prototype effort.
- LeidosWas selected for flight system integration and missile development under the SLCM-N prototype effort.
- DyneticsIs part of the Leidos team selected for flight system integration and missile development.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- RaytheonSpeculative
Could see increased revenue from the SLCM-N missile development contracts.
- LeidosSpeculative
Might see increased revenue from its role in the SLCM-N missile development contracts.
- DyneticsSpeculative
May see increased revenue from the flight system integration contract.
- BAE SystemsSpeculative
Could see increased revenue from the engineering and programmatic services contract.
- RTXSpeculative
Might see increased revenue due to the contract awards received by Raytheon.
How it developed
Newest first. Tap a step to see who reported it.- Leidos selected X-Bow Systems to produce booster motors for propulsion programs by the Missile Defense Agency.Sub-event
Multiple defense contractors receive new contracts and funding for missile programs.1 source
Keep exploring
The entities involved
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BAE Systems
defense, security and aerospace company
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Raytheon
defunct American industrial corporation (1922–2020)
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Leidos
defense, aviation, information technology, and biomedical research company based in Reston, Virginia, United States
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Congress
US record label; imprint of Congress Record Corp.