Home / Contract Awards / Raytheon Awarded $126M SM-3 Contract

Raytheon Awarded $126M SM-3 Contract

Raytheon logo_EbizRaytheon (NYSE: RTN) has won a $126 million contract modification to procure components for Standard Missile-3 missile production.

The no-bid, cost-plus-incentive-fee contract involve materials good for up to 29 SM-3 Block IB missiles, Raytheon said Thursday.

The SM-3 interceptor destroys incoming ballistic missiles through sheer force of collision.

The Waltham, Mass., company said it has delivered over 150 SM-3s to the U.S. and Japan.

Other News

Raytheon logo

Raytheon Wins $700M Space Defense Warning System Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential $700 million contract to ...

northrop Grumman_BLUE

Joseph Ensor, Michael Hinkey to Head Northrop’s Separated Space ISR, Airborne ISR Divisions

Northrop Grumman (NYSE: NOC) has appointed Joseph Ensor to lead the new space intelligence, surveillance and ...