Stock Markets August 20, 2026 05:21 PM

Raytheon Secures $42.48 Million in Navy Orders for F/A-18 Spare Parts

Three delivery orders issued under a five-year basic ordering agreement fund spare parts deliveries through 2028

By Maya Rios
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Raytheon Co. has been awarded three delivery orders under a five-year basic ordering agreement with the U.S. Navy totaling $42,482,605. The contracts, issued as sole-source acquisitions, fund spare parts supply for the F/A-18 fleet with scheduled completion dates in 2028 and will be paid from Navy defense working capital funds covering fiscal 2026 through 2028.

Raytheon Secures $42.48 Million in Navy Orders for F/A-18 Spare Parts
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Key Points

  • Three delivery orders awarded to Raytheon total $42,482,605 to supply F/A-18 spare parts under BOA N00383-23-G-SV01.
  • Contracts are sole-source acquisitions under 10 U.S. Code 3204 (a)(1) per FAR 6.302-1 and include no option periods; funding is through fiscal 2026-2028 Navy defense working capital funds.
  • Defense and aerospace sectors are directly affected, with implications for government contracting and military logistics supply chains.

Raytheon Co. will supply spare components for the U.S. Navy's F/A-18 aircraft fleet after receiving three delivery orders that together total a maximum of $42,482,605, the Department of Defense announced.

The orders were placed under a five-year basic ordering agreement designated N00383-23-G-SV01. They were awarded as sole-source acquisitions under 10 U.S. Code 3204 (a)(1) in accordance with Federal Acquisition Regulation 6.302-1, and none of the three delivery orders include option periods.

The largest of the three awards is a firm-fixed-price contract valued at $17,214,276 and carries a two-year performance window, with a completion date set for July 14, 2028. The second delivery order is for $15,072,015 with a performance period of one year and nine months ending May 11, 2028. The third order totals $10,196,314 and likewise spans one year and nine months, scheduled for completion on May 1, 2028.

Funding for these orders will come from Navy defense working capital funds for fiscal years 2026 through 2028. Raytheon, which is based in McKinney, Texas, will fulfill the contracts by providing spare parts to support the operational needs of the F/A-18 aircraft fleet.

All three delivery orders list the Defense Logistics Agency Weapons Support in Philadelphia, Pennsylvania, as the contracting activity responsible for administering the awards.


These awards represent discrete, time-bound work to keep the F/A-18 fleet supplied with necessary spare components. The absence of option periods means any continuation or expansion beyond the stated delivery orders would require separate contractual action. The using of defense working capital funds ties contract execution and payment streams to the specified fiscal years.

Risks

  • None of the delivery orders include option periods, so there is no contractual guarantee of follow-on revenue under these awards.
  • Funding is drawn from Navy defense working capital funds for fiscal 2026 through 2028, making performance and payment dependent on the availability of those funds across the specified fiscal years.
  • Fixed completion dates stretching into 2028 create schedule exposure for fulfillment and delivery of the spare parts.

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