Raytheon to Deliver Naval Strike Missile to US Navy

Raytheon has won $14.8 million contract for Over-the-Horizon Weapon Systems for the US Navy. 

This contract will manufacture and deliver Over-the-Horizon Weapon Systems, which consists of encanistered missiles (EM) loaded into launching mechanisms (LM); and a single fire control suite (FCS), US department of defense said in a statement Thursday.

This contract consists of EMs (tactical, telemetered and inert operational); FCSs; LMs; mission support equipment, training equipment and courses; engineering services; and travel and other direct costs.  This contract includes options which, if exercised, would bring the cumulative value of this contract to $847.6 million.  Work is expected to be completed by May 2020. 

The Naval Strike Missile is a long-range, precision strike weapon that can find and destroy enemy ships at distances up to 100 nautical miles away. The missile flies at sea-skimming altitude, has terrain-following capability and uses an advanced seeker for precise targeting.