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Raytheon Contemplating Facility Expansion To Accommodate Increased SM-6 Production Rate

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Raytheon Contemplating Facility Expansion To Accommodate Increased SM-6 Production Rate
The sea-based Aegis missile defense system. (Photo: DoD)

Raytheon [RTN] is contemplating expanding its Redstone Arsenal facility in Huntsville, Ala., to accommodate the Navy’s request for nearly doubling the company’s Standard Missile-6 (SM-6) production rate, according to a Raytheon official.Raytheon Senior Director for SM-6 Mike Campisi told reporters Wednesday the company is currently producing about eight-to-10 SM-6s every month. Raytheon has produced 205 SM-6s since the beginning of low-rate initial production (LRIP), he said. Raytheon was sole-sourced an LRIP contract by the Navy in March 2012 for SM-6.Campisi…

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