RTX's Raytheon awarded $745 million contract for SM-3 IIA interceptors
Raytheon, an RTX business, secured a $745 million contract from the Missile Defense Agency for the production and sustainment of SM-3 Block IIA interceptors. The SM-3 IIA program is a cooperative development with Japanese industry designed to counter short- to intermediate-range ballistic missile threats.
Key figures
- Deal Value Usd
- 745000000
- Alabama expansion
- 115000000
- Capacity increase
- over 50%
AI analysis
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