Raytheon (NYSE: RTN) has been awarded a potential $398.6 million contract by the U.S. Navy to provide design agent engineering and technical services for the military branch’s close-in weapon and anti ...

Here’s What You Need to Remember: The defensive envelope for SeaRAM is significant, as it can destroy cruise missiles, enemy drones and other surface threats such as approaching vessels or small boats ...

The U.S. Navy has awarded Tucson-based Raytheon Missile Systems a contract worth $57.8 million to overhaul and upgrade nine Phalanx ship-defense gun systems and manufacture two SeaRAM anti-ship ...

Here’s What You Need to Remember: The SeaRAM replaces the gun with larger, longer-range Rolling Airframe Missiles. Unlike the CIWS, it uses a twenty-millimeter cannon to shoot down threats close to a ...