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Navy/USMC

Raytheon Awarded $358 Million For ESSM Block 2 Full-Rate Production

Thursday, September 30th, 2021

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Raytheon Awarded $358 Million For ESSM Block 2 Full-Rate Production

An Evolved Seasparrow Missile is launched from the USS Carl Vinson. (Photo: U.S. Navy)

The Navy awarded Raytheon Technologies [RTX] a $358 million contract Sept. 29 in support of the fiscal year 2021-2023 Evolved Seasparrow Missile (ESSM) Block 2 full-rate production requirements. The ESSM is an international cooperative medium-range ship-launched self-defense missile. It is an upgrade of the RIM-7 Sea Sparrow missile as part of a 12-country NATO international consortium. It is the longest running cooperative weapons program in NATO. The contract includes options that, if exercised at maximum quantities, would raise the total…

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