Raytheon Awarded $6.3 Billion Multi-Year Contract for SM-3 IB Interceptors
The five-year deal supports replenishment of missile-defense stockpiles and expands production capacity as demand rises, Raytheon said.
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The US Department of War announced the conclusion of a $6.3 billion contract with Raytheon (part of RTX Corp.) to purchase SM-3 Blk IB (Standard Missile-3 Block IB) anti-missiles for the US Navy.” The SM-3 Blk IB missile has proven its operational superiority to defeat any enemy anywhere in the world, said Michael Duffy, Under Secretary of Defense for Procurement and Logistics.
Raytheon awarded $6.3 billion multi-year contract for SM-3 IB interceptors
Raytheon has secured a five-year contract, with two additional option years, valued up to $6.3 billion for the production and sustainment of Standard Missile-3 Block IB (SM‑3 IB) interceptors. Raytheon press release The contract, which is part of the recent landmark agreements between Raytheon and the Department of War, supports urgent replenishment of missile defense inventory that ...
RTX’s Raytheon wins up to $6.3 billion US missile contract
Oct 8 (Reuters) - RTX's Raytheon said on Thursday it won a multi-year US military contract worth up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors, as the Pentagon seeks to rebuild missile-defence inventories and boos...
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