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NewMarketsReported 2026-10-09 05:14

Raytheon awarded $6.3 billion contract for SM-3 IB interceptors

Raytheon, a RTX business, secured a five-year contract valued up to $6.3 billion for the production and sustainment of SM-3 IB interceptors, supporting missile defense inventory.

Why it matters. The contract ensures long-term production stability for critical missile defense capabilities, affecting U.S. and allied security.

01

Who it touches

  1. 1Raytheon
  2. agreement with →Fact
    2Department of WarGovernment
  3. produces →Fact
    3Standard Missile-3 Block IB (SM‑3 IB) interceptorsProduct
  4. produces →Fact
    4Standard Missile-3 Block IB interceptorsProduct
  5. produces →Fact
    5Tamir interceptorProduct
02

Evidence

  • PPR Newswire news releasesCompany2026-10-09 05:14
    It was first used in combat in 2024 and is an integral part of the U.S. Navy's extended-range integrated air and missile defense
    View source
  • IInteresting EngineeringMedia2026-10-09 21:26
    View source