Raytheon Co. awarded $8 billion contract for terminal modernization
What happened
Raytheon Co. received a sole source contract with a maximum ceiling of $8 billion to modernize terminals at the Air Force Nuclear Weapons Center. The work involves developmental modernization, production restart services, and technical studies at Strategic Communications Terminals. Work will be performed in Marlborough, Massachusetts, and Largo, Florida.
From morningstar.com
Why it matters
The contract, which was a sole source acquisition, is expected to run until October 12, 2036. Funds totaling $800,000 were obligated at the time the contract was awarded.
From morningstar.com
Who's involved
- MarlboroughCity where Raytheon Co. is scheduled to perform work.
- LargoCity where Raytheon Co. is scheduled to perform work.
- Pinellas CountyCounty in Florida where Largo is located.
- Central FloridaRegional area in Florida where Largo is located.
- South FloridaRegional area of Florida where Largo is located.
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.
- Pinellas CountySpeculative
Pinellas County might see expansion in its tax base due to Raytheon Co.'s contract work in Largo.
- Central FloridaSpeculative
Central Florida might experience regional economic stimulus from Raytheon Co.'s contract work in Largo.
- South FloridaSpeculative
South Florida might experience regional economic stimulus from Raytheon Co.'s contract work in Largo.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Raytheon's contract work in Largo may boost Central Florida economyRaytheon's contract work in Largo may boost Central Florida economyPossible
- Raytheon's $8 billion contract work may boost Pinellas CountyRaytheon's defense contract work may boost Pinellas County's economyPossible
- Raytheon's defense contract may boost Massachusetts economyMassachusetts could see economic boost from Raytheon's defense contractPossible
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The entities involved
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Marlborough
city in Middlesex County, Massachusetts, United States
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Largo
city in Pinellas County, Florida, United States