Contract Awarded for SM-3 Work

U.S. defense contractor Raytheon Co. said Wednesday that it had received a $424 million U.S. Navy contract to develop the sea-based Standard Missile 3 Block IA and to continue work on Block IB (see GSN, July 22, 2005).

“The SM-3 Block IA provides an incremental upgrade to improve missile reliability and supportability at a reduced cost,” the company said in a press release. “Block IB integrates into the kinetic warhead an advanced two-color infrared seeker and a throttling divert and attitude control system providing additional capability against evolving threats” (Raytheon Co. release, June 7).

Back to top
About Newswire  |  Contact National Journal  |  Re-Use Guidelines © Copyright 2008 by National Journal Group, Inc. The material in this section is produced independently for NTI by National Journal Group, Inc. Any reproduction or retransmission, in whole or in part, is a violation of federal law and is strictly prohibited without the consent of the National Journal Group, Inc. All rights reserved.