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Raytheon Lined Up for FY 2019 SM-3 Block IIA Production Contract From MDA

TYSONS CORNER, VA, September 25, 2018 — Raytheon (NYSE: RTN) is set to receive a five-year contract from the Missile Defense Agency for the supply of Standard Missile-3 Block IIA all-up-rounds to U.S. and foreign military customers, ExecutiveBiz reported Monday.

MDA said in a FedBizOpps notice posted Friday it expects to award Raytheon’s missile systems business a sole-source contract for delivery of the weapons beginning fiscal year 2019, depending on an initial production decision on the SM-3 Block IIA program.

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