Hello, Guest!
  • Friday, April 26, 2024

Raytheon Awarded $1.3B Full-Rate Production Contract for Navy ESSM Block 2 Missiles

Raytheon Technologies (NYSE: RTX) has been awarded a potential $1.28 billion contract by Naval Sea Systems Command to provide full-rate production services to the Evolved Seasparrow Missile Block 2 program, a collaboration between the U.S. and several other NATO member countries.

The firm-fixed-price contract has a $358 million initial value and covers ESSM Block 2 FRP requirements for fiscal year 2021 through fiscal 2023. the Department of Defense said Wednesday.

Australia, Belgium, Canada, Germany, Greece, Norway, Turkey, Portugal, the Netherlands and Denmark are among the NATO Seasparrow Consortium members procuring the ship defense system.

Contract work is initially scheduled to conclude in March 2025 and would extend until March 2027 if all options are exercised.

Raytheon began its low-rate initial production work on the missile system’s Block 2 configuration in 2019 under a $190.5 million contract.

Video of the Day

Related Articles

Raytheon to Supply Assemblies, Parts for Evolved Seasparrow Missile Production Under $94M Navy Award Contract Awards

Raytheon to Supply Assemblies, Parts for Evolved Seasparrow Missile Production Under $94M Navy Award

An RTX (NYSE: RTX) subsidiary will provide the U.S. Navy and foreign partners with guided missile assemblies, shipping containers and spares to meet the fiscal 2023 requirements of the Evolved Seasparrow Missile Block 2 program under a $94.1 million contract modification. Raytheon secured a potential $1.28 billion award in September 2021 for providing full-rate production services for the

Raytheon Awarded $269M Modification on Navy ESSM Block 2 Contract Contract Awards

Raytheon Awarded $269M Modification on Navy ESSM Block 2 Contract

Raytheon Technologies (NYSE: RTX) has received a $269 million contract modification for full-rate production services to the U.S. Navy’s Evolved Seasparrow Missile system modernization program. Naval Sea Systems Command issued the firm-fixed-price modification, as part of a potential $1.28 billion fiscal 2021-2023 ESSM Block 2 contract announced in September, the Department of Defense said Wednesday.

Raytheon’s Seasparrow Block 2 Missile Completes 1st NATO-Run Live Flight Test Press Releases

Raytheon’s Seasparrow Block 2 Missile Completes 1st NATO-Run Live Flight Test

TYSONS CORNER, VA, July 10, 2018 — The Raytheon-built (NYSE: RTN) Evolved Seasparrow Missile Block 2 system has undergone its first live-fire test during a demonstration flight overseen by NATO’s Seasparrow Project Office, ExecutiveBiz reported Monday. The U.S. Navy said Friday the activity focused on the function of the missile variant’s new active guidance seeker-head to help