Raytheon awarded $118.7M missile contract

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Raytheon awarded $118.7M missile contract

The US Navy has awarded Raytheon a $118.7 million contract for the second year of low-rate, initial production of Evolved Sea Sparrow Missiles (ESSM).

An advanced ship self-defense missile, the ESSM is designed to protect ships by destroying fielded and near-term projected anti-ship missiles. ESSM production will take place at Raytheon’s Missiles Systems facility in Tuscon, Arizona. The missiles have also been commissioned by nine of the other 11 members of the NATO Sea Sparrow Consortium.

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