This contract expires in 524 days (Mar 31, 2028).
RAYTHEON COMPANY - FMS MK698 UPGRADE B&P JA-P-CVP LINE 003
Key Details
Description
FMS MK698 UPGRADE B&P JA-P-CVP LINE 003
Context & Analysis
On Oct 21, 2025, Department of Defense obligated $17,566,839 to RAYTHEON COMPANY for fms mk698 upgrade b&p ja-p-cvp line 003. The award is classified under NAICS 336414 — GUIDED MISSILE AND SPACE VEHICLE MANUFACTURING and issued as a cost no fee contract. Competition extent: not competed. Performance is located in HUNTSVILLE, AL. The contract is scheduled through Mar 31, 2028 — approximately 17 months remaining. This award is one of several similar procurements from Department of Defense under NAICS 336414 — related awards are listed below.
Market context
- Recompete outlook
- Ends Mar 31, 2028, in 17 months. Recompete signal as of Oct 21, 2026: 63/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Not competed. 10% of 187 awards in this market (Department of Defense awards in NAICS 336414 over the last 3 years) were competed; median 2 offers.
- Award size
- At $17.6M, this award is below the median of the 173 priced Department of Defense awards in NAICS 336414 over the last 3 years (median $162.0M).
- Incumbent at this agency
- RAYTHEON COMPANY has 836 other awards from Department of Defense, totalling $71.8B, 2006–2026.
- Largest vendors in this market
By obligations, Department of Defense awards in NAICS 336414 over the last 3 years.
- LOCKHEED MARTIN CORPORATION — 46 awards, $61.1B
- NORTHROP GRUMMAN SYSTEMS CORP — 1 award, $11.7B
- RAYTHEON/LOCKHEED MARTIN JAVELIN JV — 4 awards, $1.9B
Computed from USAspending award data on Oct 21, 2026.
Contractor Information
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