Raytheon has been awarded a $205.1 million contract modification by the U.S. Navy to enhance the MK 15 Close-In Weapon Systems, an upgrade project that will continue until January 2029. This significant contract involves upgrades, conversions, and overhauls and will be executed at multiple sites across the U.S. and in Germany, underscoring the project’s extensive logistical reach.
The contract is primarily funded through the Navy’s fiscal 2025 operations and maintenance budget, as well as procurement funds from the Army and additional allocations for shipbuilding. Raytheon had previously secured a $59.9 million contract in August 2024 for related upgrades to the MK 15 system, indicating ongoing efforts to bolster naval defense capabilities.
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