Raytheon Awarded $525M Navy Contract for ESSM Block 2 Missiles

Raytheon, an RTX (NYSE: RTX) business, has secured a $525 million contract from the U.S. Navy for Evolved SeaSparrow Missile Block 2 and spares. RTX said Monday the ESSM Block 2 missiles’ enhanced maneuverability and performance will help boost the flexibility and capability of the U.S. and allied nations’ navies. The weapon system is a ship-launched, dual-mode,

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