Raytheon, an RTX (RTX) business, was awarded a $74M contract to produce RAM Guided Missile Launching Systems for the U.S. Navy. Under the contract, Raytheon will provide several new launcher systems, refurbishments on current systems, and hardware required to support upgrades as well as various spares. Majority of work under this contract will be performed in Louisville, Kentucky and is expected to be completed by 2028.
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