Raytheon awarded $6.3 billion multi-year contract for SM-3 IB interceptors

Raytheon has secured a five-year contract, with two additional option years, valued up to $6.3 billion for the production and sustainment of Standard Missile-3 Block IB (SM‑3 IB) interceptors. Raytheon press release The contract, which is part of the recent landmark agreements between Raytheon and the Department of War, supports urgent replenishment of missile defense inventory that ... The post Raytheon awarded $6.3 billion multi-year contract for SM-3 IB interceptors appeared first on Naval Ne

Source: Naval News