Raytheon awarded $162.7 million

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Raytheon has been awarded $162.7 million to produce Evolved SeaSparrow Missiles for the US Navy and nine other NATO nations.

Raytheon has been awarded a $162.7 million contract for production of the Evolved SeaSparrow Missile (ESSM) for the US Navy and nine other allied nations.

An international co-operative upgrade of the RIM-7 NATO SeaSparrow Missile, ESSM provides defence against high-speed, highly manoeuvrable anti-ship missiles.

The contract calls for production of 251 missiles, associated spares and shipping containers for Australia, Canada, Germany, Norway and the US by October 2007. Forty-five percent of the work will be done by Raytheon and 55 percent by Raytheon's international partners.

ESSM will be deployed on Aegis Flight IIa Arleigh Burke-class guided missile destroyers, Aegis Ticonderoga class cruisers, aircraft carriers and the US Navy's next-generation surface combatant ship, DD(X).

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