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


Boeing & Northrop Boost 2016 Outlooks as General Dynamics Posts 3Q Earnings Beat

Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and …


Darin Powers Named Natl Security Division SVP at NT Concepts; Craig Reed Comments

Darin Powers, former chief operating officer of Toffler Associates, has joined NT Concepts as senior vice president …

Subscribe to our Newsletter
I will subscribe later