Raytheon Secures $205 Million for Phalanx Weapon Production

Author: Evelyn Baker Updated: 09-08-2025 08:34 AM

Raytheon's New Contract for Phalanx System

Raytheon, an RTX business, has recently been awarded a substantial contract amounting to $205 million by the U.S. Navy. This contract is designated for the continued production of the Phalanx Close-In Weapon System (CIWS), a critical component for the defense of naval vessels.

Importance of the Phalanx Close-In Weapon System

The Phalanx system serves as an essential part of the Navy's defensive strategy. Designed for rapid-fire capabilities, it is computer-controlled and equipped with radar guidance technology. This system can effectively neutralize anti-ship missiles and various close-range threats that might breach outer defensive layers.

Leader in Naval Defense

“Phalanx is our Navy's last line of defense against threats that sailors encounter daily,” stated Barbara Borgonovi, president of Naval Power at Raytheon. This statement highlights the system's importance, indicating the level of trust the U.S. Navy places in Raytheon's technologies.

Upgrades and Continued Support

As part of the awarded contract, Raytheon will undertake necessary upgrades, conversions, overhauls, and the provision of related equipment. This long-term commitment reflects both Raytheon's expertise in defense solutions and its dedication to enhancing naval safety and effectiveness.

Recent Operational Success

In a notable operation earlier this year, the Phalanx system was instrumental in intercepting a Houthi missile in the Red Sea just moments before it could cause harm to the USS Gravely. This incident underscored the system's life-saving capabilities, further proving its value in increasing sailor safety.

Production Plans Will Continue Through 2029

Raytheon plans to execute the contract work at the Louisville site in conjunction with other facilities across the United States, continuing through 2029. This ongoing production will ensure that the U.S. Navy maintains a modernized and effective defense system.

Raytheon at a Glance

With over a century of experience, Raytheon is recognized as a leading provider of sophisticated defense technologies. The company focuses on integrated air and missile defense, smart weapons, sensors, and hypersonics, showcasing a commitment toward achieving excellence in all domains of national security.

RTX's Role in Innovation

RTX, the parent company of Raytheon, stands as the world's largest aerospace and defense entity, employing more than 185,000 individuals globally. The company is at the forefront of technology and innovation, shaping the future of aviation and defense systems.

Contact Raytheon for Inquiries

For additional information or to schedule an interview, interested parties can reach out to Raytheon directly via email.

Frequently Asked Questions

What is the Phalanx Close-In Weapon System?

The Phalanx CIWS is a rapid-fire, computer-controlled system designed to protect naval vessels from incoming missiles and threats.

How much was the contract awarded to Raytheon?

The U.S. Navy awarded Raytheon a contract worth $205 million for continued production and upgrades of the Phalanx system.

Where will the production take place?

Production and related work will take place in Louisville, Kentucky, and other locations across the United States.

How long will the contract last?

This contract will extend through 2029, allowing for ongoing support and enhancements to the Phalanx system.

What does Raytheon specialize in?

Raytheon specializes in defense technologies, focusing on air and missile defense, smart weapons, and integrated systems that enhance national security.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.