Raytheon to Work on New Naval Missile Defense Interceptor

by: Matthew Potter
July 26, 2012

Category: Business Line, Companies, Contract Additions, Contract Awards, Department of Defense, development program, Events, MDA, missile defense, production program, Raytheon, Services | RSS 2.0

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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