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Raytheon to Work on New Naval Missile Defense Interceptor

Following up on a recent award for the development of a kill vehicle for the Army operated Ground Based Midcourse system based in Alaska worth over $600 million, Raytheon (RTN) received another contract for a new ship based missile. Raytheon currently produces versions of the STANDARD Missile (SM)-2 and SM-3 to provide air as well as missile defense from ships of the U.S. and Allied Navies.

The new contract which is worth over $900 million will be for the new SM-3 Block IIA missile. This version of the missile will have larger, more powerful second and third stage motors along with a new warhead.

Both contracts will work with systems designed to intercept the missile outside the Earth’s atmosphere utilizing hit-to-kill technology. Raytheon as part of the AEGIS Weapon System and SM missile team has been involved with U.S. Navy efforts to develop missile defense systems for almost 20 years.

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One Response to “Raytheon to Work on New Naval Missile Defense Interceptor”

  1. More Missile Defense Work for Raytheon | Defense Procurement News on September 5th, 2012 2:21 am

    [...] was for 19 missiles and has a value of over $200 million. This follows a contract awarded in July worth almost a billion dollars for development effort for a new version of the [...]

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