Raytheon wins two Evolved Seasparrow Missile contracts

US defence contractor Raytheon has been awarded two contracts totalling $212.8m (£137.9m) for the production of the Evolved Seasparrow Missile, with an option for $33m in additional work.

The first contract from the US Navy NATO Seasparrow Project Office (NSPO), as previously announced by the Department of Defense, is for the production of ESSMs through fiscal year 2014 and contains the option for further production.

The second contract is a two-year direct commercial sale.

Raytheon will provide Mitsubishi Electric of Japan the components and assemblies necessary to manufacture and deliver ESSM weapons to the Japanese Ministry of Defense.