Raytheon Gets $77M Contract for Further Sea Sparrow Block 2 Missile Development

TYSONS CORNER, VA, May 23, 2018 — A Raytheon (NYSE: RTN) business unit will provide the U.S. Navy engineering and management services, test equipment and material to help advance Block 2 development on the Evolved Sea Sparrow Missiles under a $77 million contract, GovCon Wire reported Monday.

The Defense Department said Friday the contract works to advance ESSM Block 2 from engineering, manufacturing and development to low-rate manufacturing, fabrication and production.

Raytheon Missile Systems will perform work at several U.S. and international sites.

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