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

Mitre Names Mark Maybury, John Kreger, 3 Other Senior Execs to New Leadership Roles

Mitre has appointed five senior executives to new leadership roles as part of the McLean, Virginia-based …

USPTO Taps 22nd Century Technologies for $146M IT End-User Support Contract

The U.S. Patent and Trademark Office has awarded 22nd Century Technologies a potential $146.4 million …

Subscribe to our Newsletter
I will subscribe later