Home / Contract Awards / Raytheon Gets $191M Navy Contract Modification for Updated Seasparrow Missile Production Items, Spares

Raytheon Gets $191M Navy Contract Modification for Updated Seasparrow Missile Production Items, Spares

Jeff Brody

Raytheon (NYSE: RTN) has secured a $190.5M contract modification from the U.S. Navy to obtain the remaining materials needed to produce lots 1 through 3 of Block 2 Evolved Sea Sparrow Missile system. The company will also provide spare parts to address fiscal 2019 low-rate initial production requirements under the ESSM program, the Department of Defense said Wednesday.

The service branch initially awarded a $32.1M contract last year to fund the procurement of long-lead materials for the Block 2 configuration. Work is scheduled to occur through March 2023 in various locations.

The Navy developed ESSM with members of the NATO SEASPARROW consortium to defend vessels against anti-ship missile threats in a naval environment.

Check Also

L3Harris, Northrop Awarded Air Force F-16 Electronic Warfare Prototype OTAs

The U.S. Air Force has awarded L3Harris Technologies (NYSE: LHX) and Northrop Grumman (NYSE: NOC) other transaction agreements to develop and demonstrate electronic warfare system prototypes for the service branch’s F-16 fighter jets.

Centauri Promotes Brian Young to Space Control Programs VP

Brian Young, a more than two-decade aerospace engineering professional, has been promoted to vice president of space control programs at Chantilly, Va.-based government contractor Centauri.