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Production Contract

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Production Contract 

in the USSR, an author’s contract for the public performance—in a theater, concert hall, or other public place—of an unpublished work.

A production contract regulates relations between the author of a work and the organization responsible for production of the work. Contracts that provide for payment of a single fee to the author for any one work may be concluded with only one organization for that particular work. A work accepted by an organization must be staged or perfomed within one year of approval; for operas, ballets, and operettas, the time period is two years.



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24, 2011 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $145 million Foreign Military Sales production contract for Patriot Guidance Enhanced Missiles - Tactical (GEM-T) to augment Kuwait's air and missile defense.
Orders were particularly encouraging, with a multi-year production contract for 124 F/A-18 aircraft and more than 200 net commercial airplane orders booked in the quarter, increasing our backlog and demonstrating improved overall market confidence.
s production contract with NUMMI will end," the company said.
 
 
 
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