U.S. Navy Orders More SM-3 Rounds

Raytheon Co. has received a $124.1 million contract to supply additional Standard Missile 3 interceptors for the U.S. Navy’s Aegis Ballistic Missile Defense system, the company announced in a press release yesterday (see GSN, July 1).

The contract calls for the first delivery of SM-3 Block IA rounds, which provide “an incremental upgrade to improve missile reliability and supportability at a reduced cost” compared to the existing SM-3 Block I interceptors, the press release states.

Raytheon has delivered six SM-3 Block I missiles to the Navy, and is contracted to supply another five (Raytheon release, July 21).

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