Raytheon wins missile contract

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In keeping with the Bush Administration’s intention to upgrade missile defense capabilities next year, $16.8 billion Raytheon Company, Lexington, MA, has been awarded a $881.4 contract from the U.S. Navy for continued development of the STANDARD Missile-3 (SM-3) for the next three years.

In keeping with the Bush Administration’s intention to upgrade missile defense capabilities next year, $16.8 billion Raytheon Company, Lexington, MA, has been awarded a $881.4 contract from the U.S. Navy for continued development of the STANDARD Missile-3 (SM-3) for the next three years.

Work on the missiles will be done primarily at Raytheon Missile Systems’ facilities in Tucson, AZ, and Camden, AR Joining Raytheon Missile Systems, with more than 10,000 employees, in the SM-3 program integrated team effort are Boeing in Anaheim, CA; Alliant Techsystems in Elkton, MD; Atlantic Research Corp. in Camden, AR and Gainesville, VA; Pratt & Whitney in San Jose, CA; Honeywell in Chandler, AR, and Minneapolis; and Aerojet in Sacramento, CA.

In addition to funding engineering activity, the contract will support the manufacture and testing of the initial five deployment missiles and the continued cooperative research and development work with Japan. SM-3 features a third-stage rocket motor, GPS guidance and a kinetic warhead to intercept and destroy short- and medium-range ballistic missiles in space. SM-3 is a component of the Missile Defense Agency’s Aegis Ballistic Missile Defense (BMD).

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