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Tag Archives: SM-3

Raytheon Records 5.5% Increase in Net Sales, $8.7B in Bookings for Q2 2018

Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The …

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State Dept OKs $133M SM-3 Block IIA Missile Sale to Japan

The State Department has cleared Japan’s request to buy Standard Missile-3 Block IIA, related equipment and services from the U.S. government under a potential $133.3 million foreign military sales agreement. Raytheon’s (NYSE: RTN) missile systems business and BAE Systems’ U.S. arm will serve as principal contractors for the proposed deal …

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Raytheon Gets $615M Contract Modification for MDA Standard Missile-3 Production

Raytheon (NYSE: RTN) has received a $614.5 million contract modification from the Missile Defense Agency to produce 17 Standard Missile-3 weapons and provide support services. The Defense Department said Monday the modification covers SM-3 Block IIA missiles, containers, production support, engineering efforts, obsolescence monitoring, technical baseline engineering, quality assurance and audit support. Work will …

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MDA Awards Raytheon $543M for 17 Standard Missile-3 Weapons

The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a $543, 337, 650 million contract modification to build and assemble 17 Standard Missile-3 units in the block IIA configuration over five years. This modification increases the total face value of a contract awarded in July for SM-3 long lead material from the initial $87, …

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Aegis System, SM-3 Missiles Undergo MDA Intercept Tests

TYSONS CORNER, VA August 5, 2015 — Defense and military officials concluded a round of intercept flight test events for the Aegis Ballistic Missile Defense System at the Pacific Missile Range Facility in Hawaii last week, ExecutiveBiz reported Tuesday. During the exercise, the USS John Paul Jones detected, tracked and engaged …

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Navy, MDA Conduct Flight Tests on Raytheon SM-3 Block IIA

TYSONS CORNER, VA June 9, 2015 — The U.S. Navy has performed the first flight tests on the Raytheon-built (NYSE: RTN) Standard Missile-3 Block IIA at Point Mugu Sea Range on San Nicolas Island, California, ExecutiveBiz reported Monday. The Missile Defense Agency said Saturday that it staged the live-fire evaluation of …

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Raytheon to Build Additional Guided Missiles for US Navy

Raytheon (NYSE: RTN) has been awarded a $559, 206, 957 contract with the Missile Defense Agency to produce additional guided missiles for the U.S. Navy. The company will build 44 Standard Missile-3 Block IB all-up rounds and design the third stage rocket motor, Raytheon said Monday. Raytheon will assemble the …

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Raytheon Awarded $156M for SM-3 Block IB Missiles

Raytheon (NYSE: RTN) has been awarded a $156 million contract to produce Standard Missile-3 weapons for the Missile Defense Agency through September 2016. MDA is allocating fiscal year 2014 defense-wide procurement funds for this award and the company will build the SM-3 Block IB weapons in Tucson, Ariz. and Huntsville, Ala., Raytheon …

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MDA Plans $3B SM-3 Production Contract for Raytheon

The U.S. Missile Defense Agency plans to award Raytheon‘s (NYSE: RTN) missile systems business a potential three-year, $3 billion contract for Standard Missile-3 weapons. MDA expects to start awarding the sole-source contract’s funds to Raytheon in fiscal year 2015 under the agency’s Aegis Ballistic Missile Defense Program, according to a FedBizOpps notice posted …

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Raytheon Wins $267M for SM-3 All Up Rounds

Raytheon (NYSE: RTN) has won two contract modifications worth approximately $267 million combined to continue acquiring materials for, perform integration on and produce Standard Missile-3 weapons for the U.S. Missile Defense Agency. A $218, 530, 196 award for materials and integration work increases that contract’s value to $397, 976, 449, …

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