Group 1 - Raytheon has been awarded a $250 million contract from Mitsubishi Electric Corporation for the licensed production of ESSM Block 2 missile systems [1][2] - This contract enhances Japan's domestic defense manufacturing capabilities and strengthens the U.S.-Japan security partnership [2] - The ESSM Block 2 missile offers improved maneuverability and performance compared to its predecessor, with significant digital processing capabilities for evolving threats [3] Group 2 - Raytheon has a partnership with MELCO that spans over 50 years, focusing on critical defense programs [2] - The ESSM program is managed by the NATO SEASPARROW Consortium, which includes 12 nations, with Japan being a customer nation [4] - RTX, the parent company of Raytheon, is the world's largest aerospace and defense company, with over $80 billion in sales for 2024 [6]