Pentagon Awards Raytheon Up to $6.3 Billion Missile Contract in Major Replenishment Push
The Pentagon has awarded Raytheon a multi-year contract worth up to $6.3 billion to produce SM-3 Block IB missile interceptors, a move aimed at replenishing U.S. and allied missile defense inventories. The deal underscores sustained demand for advanced interceptors as Washington and its partners confront a more contested global security environment and rising pressure on defense supply chains.
