WASHINGTON (Sputnik) — Raytheon won more than $33 million for a second generation, infrared detection and identification battlefield target locator, the Department of Defense said in a press release.
"Raytheon Co., McKinney Texas, is being awarded a maximum ceiling $33,100,000… for the Firepower Enhancement Program (FEP), System Technical Support," the release said on Monday.
The FEP was developed in order to implement a second generation forward looking infrared that met detection and identification ranges under different battlefield conditions as well as a far target location capability, the Defense Department explained.
The contract is scheduled to last for five years and to be completed by August 20, 2022 with a potential second five year period of August 21, 2022 through August 20, 2027, the release added.