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State: 17.08.2024 | 11PM
Mon, 30.09.2024       Raytheon Technologies
US75513E1010

Multi-mission weapon system will provide increased flexibility and capability for U.S. and allied navies

TUCSON, Ariz., Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has received a $525 million contract from the U.S. Navy to produce ESSM Block 2 missiles and spares for the U.S. and allied nations.

ESSM Block 2 is a short to medium-range, ship-launched, dual-mode, guided missile that has increased maneuverability and improved performance over its Block 1 predecessor.

"The role of self-ship and local area defense has become increasingly important, and ESSM Block 2 delivers critical capability in this mission," said Barbara Borgonovi, president of Naval Power at Raytheon. "By partnering with the U.S. Navy and allied navies, we're ensuring this versatile system is ready to support our fleets around the world."

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