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

Report: Lockheed, DoD Eye Potential $9B Deal on Next F-35 Batch by End of January

Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize …

CSRA Lands $80M Navy Contract for IT Services to OCONUS Naval Enterprise Network

CSRA (NYSE: CSRA) has secured a potential two-year, $80.3 million contract to provide  information technology services …

Subscribe to our Newsletter
I will subscribe later