A Kongsberg Naval Strike Missile (NSM) is launched from the US Navy littoral combat ship USS Coronado (LCS-4). Credit: US Navy photo by Mass Communication Specialist 2nd Class Zachary D. Bell.

Raytheon Company has entered a mentoring agreement with Phoenix Products Inc (PPI) for Naval Strike Missile (NSM) transport containers for the US Navy.

The companies signed the $1.6m US Navy contract agreement under the US Department of Defense mentor-protege programme.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Under the three-year agreement, PPI will build NSM transport containers for the navy.

Under the mentor-protege programme, Raytheon and Oakwood University will provide training and support to PPI in technical, quality and management processes.

The programme incentivises large businesses to enhance technical and operating capabilities of smaller businesses to enable them to secure DoD contracts.

“NSM production is bringing jobs and revenue to a growing network of US suppliers.”

Raytheon Air Warfare Systems vice-president Kim Ernzen said: “Raytheon is partnering with small and disadvantaged businesses to help them succeed and contribute to our industry.

“NSM production is bringing jobs and revenue to a growing network of US suppliers, and it is all the more meaningful when the work makes a significant impact in a local community.”

In May last year, Raytheon received a contract from the US Navy to manufacture the weapon system for littoral combat ships and future frigates.

Designed by Norwegian firm Kongsberg Defence & Aerospace, NSM is a long-range, precision strike missile that can detect and destroy land and sea targets at ranges of more than 100nm.

PPI president Tom Wilson said: “The programme will enable PPI to take the next steps to be a fully capable aerospace container and ground support equipment manufacturer.”

Raytheon seeks to leverage PPI’s experience in manufacturing similar containers.