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Navy Orders $149M in Raytheon SM-6 Rounds; Mike Campisi Comments


Raytheon logoRaytheon (NYSE: RTN) has been awarded a $149 million contract modification to produce additional Standard Missile-6 systems for the U.S. Navy.

The company will assemble the 74 SM-6 rounds, spares, containers and services at its Huntsville, Alabama-based facility, Raytheon said Tuesday.

“Combatant commanders want their deployed ships armed with as many of these interceptors as possible, and we’re ramping up production to meet that need, ” said Mike Campisi, SM-6 senior program director at Raytheon.

SM-6 is a surface-to-air supersonic missile system the company built to target manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft.

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