Raytheon (NYSE: RTN) has been awarded a potential $398.6 million contract by the U.S. Navy to provide design agent engineering and technical services for the military branch’s close-in weapon and anti ...

A US warship’s destruction of an incoming Houthi missile in the Red Sea this week marks the first use in this conflict of an advanced weapons system dubbed the Navy’s “last line of defense.” The ...

During the span of a decade from the early 70s to the early 80s, the US Navy built as many as 31 Spruance-class destroyers, a group of warships which served as the primary destroyer for the service in ...

Defense contractor Raytheon has received a $205 million modification contract to continue upgrading and maintaining the US Navy’s MK 15 Phalanx Close-In Weapon System, the Pentagon said. The agreement ...