RTX's Raytheon awarded $205 million contract for continued production of the Phalanx Close-In Weapon System

Rhea-AI Summary

RTX (NYSE: RTX) subsidiary Raytheon has secured a $205 million contract from the U.S. Navy for the continued production of the Phalanx Close-In Weapon System (CIWS). The contract encompasses upgrades, conversions, overhauls, and related equipment for the defensive weapon system.

The Phalanx system, a rapid-fire, computer-controlled, radar-guided gun, serves as the Navy's last line of defense against anti-ship missiles and close-in threats. The system is currently deployed on all U.S. Navy surface combatant ships and those of 24 allied nations. The contract work will be conducted in Louisville, Kentucky, and other U.S. locations through 2029.

Positive

• Secured significant $205 million U.S. Navy contract
• System proven effective in real combat situations, as demonstrated in January 2024
• Wide international adoption across 24 allied nations
• Long-term contract extending through 2029

Negative

• None.

System remains an integral part of ship self-defense for U.S. Navy

LOUISVILLE, Ky., Sept. 8, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $205 million contract from the U.S. Navy for continued production of the Phalanx Close-In Weapon System (CIWS).

As part of the contract, Raytheon will provide upgrades, conversions, overhauls, and related equipment.

"Phalanx is our Navy's last line of defense, expertly designed to protect our sailors from the threats they face every day," said Barbara Borgonovi, president of Naval Power at Raytheon. "Securing this contract underscores the trust the U.S. Navy places in an absolutely critical system."

The Phalanx weapon system is a rapid-fire, computer-controlled, radar-guided gun that can defeat anti-ship missiles and other close-in threats that may penetrate preceding layers of defense. It is installed on all U.S. Navy surface combatant ship classes and on those of 24 allied nations.

In January 2024, Phalanx was deployed by the USS Gravely to destroy a Houthi missile in the Red Sea just moments before impact, saving the lives of over 300 sailors onboard.

Work on this contract will take place in Louisville, Ky. and other U.S. sites through 2029.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

 

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SOURCE RTX

FAQ

What is the value of RTX's new Phalanx weapon system contract with the U.S. Navy?

The U.S. Navy awarded Raytheon, an RTX business, a $205 million contract for the continued production of the Phalanx Close-In Weapon System.

How many countries use RTX's Phalanx weapon system?

The Phalanx weapon system is installed on all U.S. Navy surface combatant ships and those of 24 allied nations.

When was the RTX Phalanx system last used in combat?

In January 2024, the Phalanx system was successfully used by the USS Gravely to destroy a Houthi missile in the Red Sea, protecting over 300 sailors.

Where will RTX manufacture the Phalanx weapon systems under the new contract?

The work will be performed in Louisville, Kentucky, and other U.S. sites through 2029.

What is the purpose of RTX's Phalanx Close-In Weapon System?

The Phalanx is a rapid-fire, computer-controlled, radar-guided gun system designed as the Navy's last line of defense against anti-ship missiles and other close-in threats.