Navy Contracts RTX for $24.4B Standard Missile-6 Deal

The U.S. Navy contracted RTX to produce more than 1,900 Standard Missile-6s over five years in a $24.4 billion deal announced on Thursday. “This SM-6 award gives industry the demand signal and stability to expand production, strengthen the munitions industrial base, and build the magazine depth our fleet needs. That is the foundry delivering for the fleet – and ensuring our sailors have the combat power to fight and win,” Chief of Naval Operations Adm. Daryl Caudle said in a Navy release on the

Source: USNI News