Raytheon Lands $2B MDA Contract for Ballistic Missile Interceptors

The Missile Defense Agency has awarded Raytheon Missile Systems a $2.1B contract to support Standard Missile-3 IB Missiles. Under the sole-source, multi-year contract, Raytheon shall provide the required management, material and services in support of the U.S. and Foreign Military Sales partners, DefPost reported Thursday.

Work will be done in Tucson, Arizona, and Huntsville, Alabama, and is expected to be finished by March 26, 2027.

The contract covers the management, material and services associated with the procurement, manufacture and assembly of the SM-3 Block IB all up rounds for the U.S. and Foreign Military Sales partners.

Raytheon's SM-3 interceptor is a defensive weapon used by the Navy to shoot down medium-range ballistic missiles. It relies on sheer force rather than explosive warheads to neutralize targets.

The MDA at Dahlgren, Virginia is the contracting activity.