
Pentagon Awards Raytheon $6.3B Contract to Scale SM-3 Interceptor Production
The U.S. Department of War has awarded Raytheon a multi-year contract worth up to $6.3 billion to produce Standard Missile-3 Block IB interceptors. The deal, valued at $4.4 billion for the base period with options for an additional $2 billion, aims to replenish missile defense inventories and break manufacturing bottlenecks. Production will occur in Tucson, Arizona, and Huntsville, Alabama, through 2034.











