Home / Tag Archives: rick nelson

Tag Archives: rick nelson

Raytheon Awarded $160M for Navy Close-in Weapon Systems; Rick Nelson Comments

Raytheon (NYSE: RTN) has been awarded a $159.9 million contract to produce Phalanx close-in weapon systems for the U.S. Navy. The company will also build support equipment for the Phalanx and SeaRAM weapon systems, updated Block 1B radar and maintenance kits, Raytheon said Friday. “Phalanx provides the U.S. Navy’s ships with …

Read More »

Raytheon to Update Japan’s Phalanx Weapon Systems; Rick Nelson Comments

Raytheon (NYSE: RTN) has won a multiyear,  $200 million contract to upate the close-in weapon systems of Japan’s maritime self-defense force. The company will provide upgrade kits, support equipment and hardware spares for the Phalanx weapon systems, Raytheon said Thursday. “Phalanx provides the critical inner-layer of protection to sailors around the globe against threats that …

Read More »