Raytheon Wins $6.3B Pentagon Contract for SM 3 Missiles

Business12 days ago

The US Defense Department announced a production agreement with RTX's Raytheon to build a fleet of ballistic missile interceptors.

The deal is worth up to $6.3 billion to manufacture Standard Missile-3 Block IB units over 5 years, with 2 additional option years. These missiles are designed to defend against short or medium range ballistic missile threats launched from either sea or land.

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U.S. munitions stockpile shortages and replenishment pressure

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Oct 12, 2026
Pentagon Official George Kollitides Exits Alvarez & Marsal After $281M Probe
Oct 9, 2026
Congress Limits US Missile Funding to $8B of $28B Request

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Raytheon Wins $6.3B Pentagon Contract for SM 3 Missiles

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Raytheon United States Department of Defense RTX

$RTXRTX Corp.

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