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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.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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