Matthew Nelson
Raytheon has secured two contracts worth $56.9M combined from the U.S. Navy to support low-rate initial production of Evolved Seasparrow Missile systems during fiscal 2019.
The company will obtain long lead materials required to manufacture ESSMs and spares in Block 2 configuration under a four-year, $32.2M contract, the Department of Defense said Friday.
The deal includes foreign military sales to Australia, Canada, Denmark, Germany, Norway, Netherlands and Turkey as part of the NATO Sea Sparrow Consortium.
Raytheon also received a three-year, $24.7M contract to obtain components necessary to address the Saudi Arabia’s Block 1 production and spares requirements in the current fiscal year under the FMS program.
The Navy and nine of the international alliance’s member nations developed the ESSM system as part of a cooperative effort to update the RIM-7 Seasparrow Missile.
DoD noted the service will initially provide $23.8M for the Block 2 contract and another $22M for the Block 1 deal.
