Your program manager will be getting a proposal for a radar system from Raytheon in January, 2024. He wants to be able to determine whether the price that's being proposed is reasonable and realistic. Raytheon sold a radar to the Navy in FY23 for $22,545,000. They sold a different radar to the Air Force that same year for $23,990,000. What would those prices equate to in FY24?

Given the following inflation indices what are the two prices and how would you respod to the questions below?

2019	0.918
2020	0.936
2021	0.950
2022	0.963
2023	1.000
2024	1.038
2025	1.053
2026	1.068

Raytheon proposes a price of $24,770,990. Is this reasonable?

Raytheon proposes a price of $26,898,000. Is this reasonable?