
Raytheon Secures $250 Million ESSM Block 2 Production Deal with Japan’s MELCO
Raytheon, an RTX business, has clinched a $250 million direct-commercial-sale contract with Mitsubishi Electric Corporation. The agreement sets the stage for licensed production of the Evolved Sea Sparrow Missile Block 2 (ESSM B2) at MELCO's Komaki-North complex. According to industry sources, the