Raytheon awarded $6.3B contract for SM-3 IB interceptors; missiles to be made in Huntsville
To help the “urgent replenishment” of the nation’s missile supply, Raytheon has secured a five-year contract to produce Standard Missile-3 Block IB interceptors. The $6.3 billion contract, with two additional option years, provides long-term production stability for critical missile defense capability, the defense contractor said. “This award underscores Raytheon’s commitment to increasing production of critical […]

