Business

Shopping the Exchange pays $224 million in dividends

Posted September 3, 2015 by

DALLAS – The Army & Air Force Exchange Service paid a dividend of $224 million in 2014 to morale, welfare and recreation efforts for the Army, Air Force, Marine Corps and Navy. In the past 10 years, the Exchange has provided more than $2.4 billion in dividends to military programs such as youth services, family counseling…

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Business

Beware of unauthorized sports tickets websites

Posted September 3, 2015 by

Tucson, AZ – Better Business Bureau warns against purchasing sports tickets from unauthorized outlets. With the football season approaching sports fans might do anything to get their hands on tickets at a discounted price or sold out tickets. BBB spoke with Jeremy Sharpe of Arizona Athletics Communications Services Department. Sharpe wants to stress that those…

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Business

Raytheon receives $523 million for Standard Missile-3 production, delivery

Posted August 3, 2016 by

TUCSON, Ariz.–The U.S. Missile Defense Agency exercised a $523 million contract option with Raytheon to produce, test and deliver 47 Standard Missile-3 (SM-3) Block IB interceptors for operational testing and deployment. This is the fiscal year 2016 option under the $2,351,177,872 contract for Standard Missiles awarded to the company in 2015. The guided missiles are…

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Business

Navy contract

Posted June 23, 2017 by

Arête Associates, Tucson, Ariz., is being awarded an $8,522,007 modification to a previously awarded firm-fixed-price contract (N61331-11-C-0007) for the engineering, manufacturing, production and delivery of AN/DVS-1 Coastal Battlefield Reconnaissance and Analysis (COBRA) Block 1 subassemblies to support the littoral combat ship mine countermeasures mission.  This contract modification exercises the options for the COBRA subassemblies integration…

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Business

Italian F-35B lands at Pax River

Posted February 5, 2018 by

Lockheed Martin photograph The first F-35B assembled outside of the U.S. landed at Naval Air Station Patuxent River, Md., Jan. 31, 2018, after completing a transatlantic flight from Cameri Air Base in northern Italy. The flight follows the Italian Ministry of Defense’s acceptance of the aircraft on Jan. 25 at the Cameri F-35 final assembly…

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Business

Raytheon awarded Air Force AMRAAM contract

Posted April 25, 2018 by

Raytheon Missile Co., Tucson, Ariz., has been awarded a $12,099,569 fixed-price-incentive contract modification (P00004) to previously awarded contract FA8675-18-C-0003 for Advanced Medium Range Air to Air Missile (AMRAAM) Production Lot 32 field spares and initial depot spares.  Work will be performed in Tucson, Ariz., and is expected to be complete by Jan. 31, 2021.  This…

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Business

U.S. Air Force awards Raytheon $96 million for MALD missile production

Posted August 3, 2018 by

TUCSON, Ariz.—Raytheon has received a $96.1 million contract to produce 250 Miniature Air-Launched Decoys, or MALD® missiles. The U.S. Air Force award occurred just prior to Raytheon marking its 2,000th MALD system delivery, and 10th year of on-time customer deliveries. The MALD system is an air-launched missile with both decoy and jamming capabilities that can…

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