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Raytheon Awarded $151 Million Evolved SeaSparrow Contract

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Raytheon [RTN] Sept. 8 said it was recently awarded a $151 million contract by the U.S. Navy's NATO SeaSparrow program office to produce 186 Evolved SeaSparrow Missiles, with an option for $210.3 million to produce an additional 255 missiles. "Raytheon, along with our international team of 18 partner companies, has advanced this world-class system to a point of prominence in ship self-defense missiles," Ed Roesly, Raytheon's ESSM program director said. "This contract cements the ESSM's future, and next year will…

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