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SM-3 IIA interceptor
HUNTSVILLE, Alabama—Raytheon on Aug. 10 announced that it has received a $745 million contract for its Standard Missile-3 Block IIA interceptor as part of the Pentagon’s broad push to increase its stock of air defenses.
The contract from the Missile Defense Agency covers production and sustainment of the interceptors, which are a cooperatively developed program between Raytheon and Japanese industry.
The announcement was made Aug. 10 on the eve of the Space and Missile Defense Symposium here.
“SM-3 Block IIA is a cornerstone of regional defense, giving the U.S. and allied partners greater reach, accuracy and confidence against evolving threats,” Raytheon’s President of Naval Power Barbara Borgonovi said in an announcement. “We’ve made sustained investments in our production lines and processes, which are allowing us to increase capacity and deliver these critical munitions to our customers more quickly.”
Raytheon parent company RTX says it has invested to increase its capacity and speed up production of the entire Standard Missile family, to include a $115 million expansion of its Alabama facility. This will increase the integration and delivery capacity by more than 50%, the company says.
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