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May 10, 2016 / 11:07 AM

Raytheon contracted for work on AMRAAM guidance section

Contract involves foreign military sales to Korea, Saudi Arabia, Romania and Australia.

Raytheon Missile Systems has been awarded a $104.5 million U.S. Air Force contract for work on the Advanced Medium-Range Air-to-Air Missile. U.S. Navy photo by Amy DelaTorres

Raytheon Missile Systems has been awarded a $104.5 million U.S. Air Force contract for work on the Advanced Medium-Range Air-to-Air Missile. U.S. Navy photo by Amy DelaTorres | License Photo

WASHINGTON, May 10 (UPI) -- The Air Force announced Monday a $104.5 million contract to Raytheon Missile Systems for work on the Advanced Medium-Range Air-to-Air Missile, or AMRAAM, program.

The cost-plus-incentive-fee contract will provide form, function, fit and refresh of the missile's guidance section.

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This contract involves foreign military sales to Saudi Arabia, Austraila, Romania and Australia. The work is expected to be completed by February 2017 and will be performed in Tucson, Ariz.

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