U.S. Navy Awards CoAspire $70 Million Cruise Missile Agreement
The U.S. Navy has selected CoAspire to develop and deliver a new type of ground-launched cruise missile system for its CHAOS program. The agreement is valued at $70 million.
FARNBOROUGH, UK – The U.S. Navy has awarded CoAspire a $70 million contract to design, build, test, and deliver a new ground-launched cruise missile system for its "Coalition Heterogenous Affordable Offensive Strike" (CHAOS) program. The agreement was secured through CMG Networks, acting on behalf of the Naval Aviation Systems Consortium.
The system, designated RAACM-ER Ground-Launched, is based on CoAspire's Rapidly Adaptable Affordable Cruise Missile-Extended Range (RAACM-ER) and is designed to strike both land-based and moving maritime targets. It aims to provide a cost-effective, mid-range capability for Naval Air Systems Command's program office, PMX-201.
CoAspire, a Virginia-based small business, specializes in developing affordable, mass-producible cruise missiles. The company highlighted that its solution utilizes additive manufacturing, which allows for rapid design modifications and reduces production lead times to months instead of years, significantly lowering costs. This approach is also intended to support foreign military sales to allied nations.
CEO Doug Denneny emphasized the company's ability to deliver quickly and affordably, leveraging a network of 56 first-tier suppliers across the United States. CoAspire's model aims to disrupt the traditional missile manufacturing industry by providing necessary weapons rapidly and at scale to the U.S. Department of Defense.