Raytheon Company (NYSE:RTN) has received a $57.8 million contract for overhaul and modernization of 9 Phalanx Close-In Weapon Systems, production of 2 SeaRAM anti-ship missile defense systems and order for 20 radar upgrade kits.
The Phalanx Close-In Weapon System (“CIWS”) is an anti-ship missile defense system that consists of a guided 20mm Gatling gun mounted on a swiveling base. Its rapid-fire, computer-controlled radar with its automated-nature of operation effectively tracks and destroys … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards