Home / DoD / Navy, NATO Aim to Finalize Raytheon Sea Sparrow Missile Agreement by 2014

Navy, NATO Aim to Finalize Raytheon Sea Sparrow Missile Agreement by 2014

US NAVYThe U.S. and six NATO allies are reviewing a memorandum of understanding that aims to maintain the current developmental path of a missile system and aim to finalize that agreement by next year, DoD Buzz reported Monday.

 writes the U.S. holds a 40-percent share in the total development cost of the Raytheon Evolved Sea Sparrow Missile Block 2 program, a NATO cooperative development effort.

Australia, Canada, Denmark, the Netherlands, Norway and Turkey are also partners in the program, Osborn reports.

“The latest version of the [Engineering and Manufacturing Development] MOU is currently in staffing with the final version planned to be sent to the participating nations for staffing and signature no later than Oct. 11, 2013,” Navy spokesman Lt. Kurt Larson told DoD Buzz.

“The objective is to have a fully executed MOU by June 30, 2014,” Larson added.

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