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Business/Financial

Raytheon Awarded $17.8 Million For NATO Seasparrow

DDN

Friday, March 28th, 2008

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The Navy and the NATO Seasparrow Project Office recently awarded Raytheon [RTN] a $17.8 million contract for the MK57, MK29 and MK73 NATO Seasparrow missile systems, the company reported. Under the contract, Raytheon Integrated Defense Systems (IDS) will assemble, test, and deliver components and support for the systems, which enable critical self-defense capabilities for U.S. and allied navy surface ships, the company said. The MK57 NATO Seasparrow Surface Missile System (NSSMS) is the primary self-defense weapons system installed on U.S.…

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