Raytheon receives potential $448M contract for MK 54 lightweight torpedo kits

The U.S. Navy has awarded Raytheon a $37.7 million contract for the procurement of MK 54 lightweight torpedo support parts.

Under the contract, Raytheon will provide lightweight torpedo common parts kits and MK 54 Mod 0 lightweight torpedo kits. Additionally, the company will provide MK 54 exercise fuel tanks, spares, production support material, engineering support, and hardware repair support.

This contract, which combines purchases for the U.S. Navy and the Government of Thailand, includes options which could bring the cumulative value of this contract to $448,737,790 if they were to be exercised.

The MK 54 Mod 0 Lightweight Torpedo integrates existing torpedo hardware and software from the MK 46, MK 50 and MK 48 torpedo programs with commercial-off-the-shelf (COTS) digital signal-processing technology. It incorporates a guidance and control (G&C) section employing COTS processing technologies and tactical software improvements to significantly increase shallow water counter-countermeasure capability at reduced lifecycle costs.

Most of the work on the contract will be performed in Keyport, Washington with portions being carried out in Portsmouth and Tewksbury. Raytheon is expected to complete the work by May 2019.

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