Raytheon awarded $559 million for SM-3 Block IB

TUCSON, Ariz.– The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) an undefinitized contract action for a fiscal year 2015 contract valued at $559,206,957 million for Standard Missile-3 Block IBs, which are guided missiles used by the U.S. Navy to provide regional defense against short- to intermediate-range ballistic missile threats. Under this contract action, which […]

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