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$93 million SM-6 Systems contract awarded to Raytheon by Navy

The U.S. Navy has given Raytheon the task of building Standard Missile-6 Systems, awarding the company a $93 million contract for its services, which is the first of multiple planned low rate initial production contracts (LRIP) for this work.

“Standard Missile-6 has been on budget and on schedule since the program started 2004, ” said Raytheon vice president of Naval Weapon Systems Frank Wyatt. “LRIP clears the way for delivery to the warfighter of this integral weapon system.”

The contract requires both production of the missiles and delivery of spare parts and missile containers.
The systems will serve to provide the ability to defend against fixed and rotary-wing aircraft, unmanned aerial vehicles, and anti-ship cruise missiles.

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