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.

Check Also

Raytheon logo

Army Taps Raytheon for $351M Advanced Range Tracking & Imaging System Contract

Raytheon (NYSE: RTN) has received a potential five-year, $350.6 million contract to provide the U.S. Army …

GovConIndexUP

May 5 Market Close: GovCon Index Rises on Huntington Ingalls & McKesson Gains, Orbital ATK Down on Sales Miss

The GovCon Index stayed clear of choppy activity in U.S. financial markets with a gain of …

Subscribe to our Newsletter
I will subscribe later