Business

March 7, 2014

Raytheon receives $350 million SM-3 Block IB contract

The Missile Defense Agency has awarded Raytheon $350 million to increase its procurement of Standard Missile-3 Block IB missiles from 8 to 44.

The SM-3 is designed to destroy incoming short-, medium-, and intermediate-range ballistic missile threats by colliding with them in space, a concept sometimes described as “hitting a bullet with a bullet.”

The work will be performed in Tucson, Ariz., and Huntsville, Ala., through September 2016.

Standard Missile-3 2013 Year-in-Review

February: SM-3 Block IA destroys medium-range ballistic missile target using remote satellite cue

March: Raytheon’s dual-band datalink tested with Thales radar

May: SM-3 Block IB destroys complex, separating short-range ballistic missile target

June: Raytheon delivers first SM-3 from its new Alabama missile integration facility

September: SM-3 Block IA destroys medium-range ballistic missile target during operational test

September: U.S. Navy launches two SM-3 Block IBs against single ballistic missile target; target destroyed

October: SM-3 Block IB destroys medium range ballistic missile target; completes initial operational testing

October: SM-3 Block IIA completes critical design review; program moves from design to build




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Headlines September 29, 2014

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News Briefs September 29, 2014

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TACP-M ties it all together

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Air Force photograph by A1C Thomas Spangler

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Army photograph by SSgt. Mary S. Katzenberger

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Raytheon awarded $251 million Tomahawk missile contract

The U.S. Navy has awarded Raytheon a $251 million contract to procure Tomahawk Block IV tactical cruise missiles for fiscal year 2014 with an option for 2015. The contract calls for Raytheon to build and deliver Tomahawk Block IV cruise missiles to the U.S. Navy and U.K. Royal Navy. Raytheon will also conduct flight tests...
 




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