Tag Archives: ballistic missile

Raytheon Awarded $126M SM-3 Contract

Raytheon (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, …

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Raytheon Updates Middle Eastern Missile Radar System; Dave Gulla Comments

Raytheon (NYSE: RTN) has redesigned a main component of a ballistic missile defense radar for an unnamed foreign military sales customer in the Middle East. The new circuit cards seek to update the AN/TPY-2’s capability to detect, locate and track airborne projectile weapons, Raytheon said Tuesday. Dave Gulla, Raytheon vice president for integrated …

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General Dynamics and Huntington Ingalls Win $4.5B to Design, Build Navy Submarines

General Dynamics Corp. and Huntington Ingalls Industries Inc. have won up to $4.5 billion as part of three submarine contracts from the U.S. Navy, according to a Reuters report. General Dynamics is tasked to perform research and development on a new submarine to replace the current Ohio-class vessels carrying nuclear …

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