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$83M Investment in Drifting Mine Hunt

Raytheon Company has announced that it has been awarded an $83,3 million contract for the design, test and deployment of the Barracuda mine neutralization system.

The Barracuda mine neutralization system, an expendable, autonomous unmanned underwater vehicle, is a mission module within the US Navy’s Littoral Combat Ship (LCS) Mine Countermeasure (MCM) Mission Package (MP) intended to identify and neutralize bottom, near-surface and drifting sea mines.

The contract includes options which, if exercised, would bring the cumulative value of this contract to $362.7 million. The work is expected to be completed by November 2022. 

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