Raytheon Gains $1 Billion Contract for SM-3 Interceptor Missiles The Missile Defense Agency gave Raytheon Co. [RTN] a $1 billion contract change for Standard Missile-3 interceptors. Under the contract, Raytheon Missile Systems of Tucson, Ariz., will provide 75 of the SM-3 block IA interceptors for the United States. As well, the company will provide 27 SM-3 Foreign Military Sales Block IA missiles. They work in the sea-based Aegis Ballistic Missile Defense System. Work will be performed in Tucson, Ariz., and…
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