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Missile Defense

Raytheon Wins $257 Million Mod To Build 24 SM-3 IIAs

Rich Abott By
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Raytheon Wins $257 Million Mod To Build 24 SM-3 IIAs
The Missile Defense Agency (MDA) and U.S. Navy sailors manning the Aegis Ashore Missile Defense Test Complex (AAMDTC) at the Pacific Missile Range Facility (PMRF) in Kauai, Hawaii, successfully conduct launch a Standard Missile-3 Block IIA interceptor in Flight Test Integrated-03 (FTI-03). (Photo: Missile Defense Agency)

The Missile Defense Agency (MDA) awarded Raytheon [RTN] a modification to increase an undefinitized contract action by $267 million to build 24 more Standard Missile-3 Block IIA missiles. This modification, awarded Nov. 1,  increases contract line item 0014 value from $387 million to over $654 million. However, it lifts the total contract value from $1.2 billion to nearly $1.5 billion. The contract notice said under this award, a “pacing items only” restriction is removed and Raytheon is now authorized for…

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