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Raytheon clinches over $250 million contract for SM-3 Block IB ballistic missile defense interceptors
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Raytheon clinches over $250 million contract for SM-3 Block IB ballistic missile defense interceptors
The modification also includes one-time costs required to restart the SM-3 Block IB production line. This step ensures the interceptor remains available for operational deployment and for missile defense missions involving U.S. allies. According to the contract announcement, the modification definitizes two previously announced undefinitized contract actions related to the missile’s production. With the new award, the value of the production eff…
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