Raytheon has been awarded a $74 million contract to produce RAM Guided Missile Launching Systems for the U.S. Navy.
Under the deal, Raytheon will deliver several new launcher systems, refurbish existing systems and provide hardware to support upgrades, along with various spares.
“This contract marks the largest single order of U.S. RAM launchers in over two decades and will ensure our naval assets remain well-protected against anti-ship threats,” said Barbara Borgonovi, president of naval power at Raytheon. “Our continued investment in modernizing production capacity enables us to meet the growing global demand for the world’s most modern short range ship self-defense weapon system.”
The RAM weapon system — a joint U.S.-Germany program with Raytheon serving as the prime contractor for Navy requirements — turns 50 next year. It is deployed on more than 165 ships in 11 countries, from fast patrol boats to aircraft carriers, and is being installed on several new Navy ship classes, including the Arleigh Burke-class guided-missile destroyers.
Most of the work will take place in Louisville, Kentucky, and is expected to be completed by 2028.