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Navy/USMC

Pentagon To Award Raytheon Production Contract For New Interceptors

Defense Daily Staff Defense Daily Staff
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The Pentagon has said it intends to award a sole-source contract to Raytheon [RTN] for the production of up to 216 of the latest version of the Standard Missile-3 to be deployed on Navy ships for ballistic missile defense. An SM-3 1B launching during a recent test. Photo by the Missile Defense Agency. The contract could reach a value of $3 billion for the SM-3 Block 1B interceptors, which have been undergoing testing, the Missile Defense Agency (MDA) said in…

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