Tucson-Based Raytheon Unit Gets $625M Deal for Stinger Missiles
4 Articles
4 Articles
RTX’s Raytheon Awarded $250 Million Contract From MELCO for ESSM Block 2 Licensed Production
Contract represents the latest milestone in the companies’ longstanding partnership From RTX, June 24, 2025 TUCSON, Ariz. (June 24, 2025) — Raytheon, an RTX (NYSE: RTX) business, has been awarded a $250 million contract from Japan’s Mitsubishi Electric Corporation (MELCO) for ESSM Block 2 licensed production. Under the Direct Commercial Sale contract, Raytheon will provide missile kits, parts, and components as well as technical support for m…
Raytheon secures $250 million contract with Japan for ESSM Block 2 missile production
“This innovative licensed production arrangement is the culmination of decades of partnership,” said Barbara Borgonovi, president of Naval Power at Raytheon. “As Japan invests in this critical weapon system, it will strengthen their defense capabilities while reinforcing the vital security alliance between our nations.” The deal marks the continuation of a more than 50-year defence collaboration between Raytheon and MELCO. It supports Japan’s ef…
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium