Search

Raytheon Nabs $259 Million Contract For SM-2 Block IIICU All Up Rounds

Raytheon Nabs $259 Million Contract For SM-2 Block IIICU All Up Rounds
The Arleigh Burke-class guided-missile destroyer USS Barry (DDG-52) launches a Standard Missile (SM)-2 during a live-fire missile exercise as part of Pacific Vanguard (PV) 22 while operating in the Philippine Sea on Aug. 28, 2022. (Photo: U.S. Navy by Mass Communication Specialist 1st Class Greg Johnson)

The Navy recently awarded RTX [RTX] a $259 million contract for the engineering, manufacturing and development of the Standard Missile 2 (SM-2) Block IIICU All Up Round. This cost-plus-incentive-free contract includes options that, if exercised, would raise the total value to $263 million. The majority of the work will occur at the company’s Tucson, Ariz. facility and is expected to be finished by September 2031. While most of the contract is funded via 2025 Navy research and development funds, 23…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]


CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]


Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]


Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]