Raytheon, a business under RTX Corporation, has secured a $74 million contract to supply the U.S. Navy with RAM Guided Missile Launching Systems. This order, the largest of its kind in over two decades, will provide new launcher systems, refurbishments, and necessary hardware upgrades, alongside various spare parts. Barbara Borgonovi, president of Naval Power at Raytheon, highlighted the contract's significance in enhancing naval defense capabilities against anti-ship threats. The RAM weapon system, a joint effort between the U.S. and Germany, is currently operational on more than 165 vessels worldwide and is being integrated into new U.S. Navy ship classes. The contract's execution will primarily occur in Louisville, Kentucky, and is slated for completion by 2028.
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