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Raytheon Awarded $118.7 Million Evolved SEASPARROW Missile Production Contract

    TUCSON, Ariz., Dec. 3 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has
been awarded a $118.7 million contract from the U.S. Navy for the second year
of low-rate initial production of the Evolved SEASPARROW Missile (ESSM). This
award includes funding for 163 all-up-round missiles.
    Raytheon also has been awarded a $6 million contract for ESSM radome
production.
    ESSM is an advanced ship self-defense missile, designed to protect ships
by destroying currently fielded and near-term projected anti-ship missiles,
particularly those that fly at low altitudes and maneuver during their
terminal flight phase.
    Raytheon is producing ESSM at its Missile Systems business in Tucson,
Ariz. It is being produced for the U.S. Navy and nine of the other 11 member
nations of the NATO SEASPARROW Consortium: Australia, Canada, Denmark,
Germany, Greece, the Netherlands, Norway, Spain and Turkey. Other nations also
are considering ESSM for their ship self-defense needs.
    Raytheon delivered the first production ESSM to the U.S. Navy in
September.
    With headquarters in Lexington, Mass., Raytheon Company is a global
technology leader in defense, government and commercial electronics, and
business and special mission aircraft.

    Contact:
   Sara Hammond
   520.794.7810



SOURCE Raytheon Company




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Related links:
  • http://www.raytheon.com
    CONTACT:
    Sara Hammond for Raytheon Company,
    +1-520-794-7810