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RTX’s Raytheon awarded $250M contract from Mitsubishi Electric

Raytheon, an RTX (RTX) business, has been awarded a $250M contract from Japan’s Mitsubishi Electric Corporation 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 missile production at MELCO in Japan.

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