Published on 5 Oct 2022 on Zacks via Yahoo Finance
Raytheon Technologies Corp.’sRTX Missiles and Defense unit clinched a modification contract to provide support services for the Evolved Seasparrow Missile (“ESSM”) Block 2 production. The Naval Sea Systems Command, Washington, DC, awarded the deal.
Details of the Deal
Valued at $36 million, the contract includes support services for test and evaluation equipment for ESSM. Work related to the deal will be carried out in multiple locations across the United States and is scheduled to be completed by March 2025.