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Raytheon Co To Get $3 Billion Missile Contract-Reuters

Thursday, 17 Oct 2013 01:23pm EDT 

Reuters reported that Raytheon Co will be awarded a $3 billion contract to supply missile systems to the U.S. Defense Department, the agency said on October 17, 2013. The U.S. Missile Defense Agency notified Raytheon that it will award the Company, when funds are appropriated, a sole-source contract. The three-year contract will cover manufacture and integration of up to 216 Standard Missile-3 SM-3 Block IB missiles, or 72 per year, starting in 2015. It is part of the Aegis Ballistic Missile Defense Program, the Missile Defense Agency said. 

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11 Jul 2014