Raytheon to develop two Standard Missile types with better targeting

Defense News

Center

High Factuality

Private Equity: Regent, L.P.

Raytheon to develop two Standard Missile types with better targeting

The U.S. Navy awarded Raytheon a $344 million contract for the development of two Standard Missile variants with a common guidance section that will bring additional targeting capability to the American and foreign fleets.The new SM-2 Block IIICU and SM-6 Block IU missiles will include increased targeting capabilities, helping the defensive Standard Missiles see additional kinds of threats they’re meant to intercept.The variants will share a new…