Raytheon Wins $156 Million SM-3 Block IB Missile Contract

Our Bureau
09:03 AM, January 10, 2014
2428

Raytheon has won a $156 million contract to procure 8 Standard Missile-3 Block IB missile material and all up round build up.

The SM-3IB is scheduled to begin deployment in 2015, but this new contract modification will have Raytheon continuing to deliver missiles to MDA through September 2016.

The SM-3IB is a new version of Raytheon's venerable Standard surface-to-air missile, which aims to enhance the original Standard Missile's effectiveness with enhanced, two-color infrared target seeking, and the ability to use short bursts of precision propulsion to steer the missile toward incoming targets.

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Raytheon Missile Systems and NATO have plans to form a consortium to build components for the Standard Missile-3 in an effort to ensure NATOs growing ballistic missile defenses. Taylor Lawrence, Raytheon Missiles president said the company...

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May 16, 2013 @ 02:32 PM

Raytheons Standard Missile-3 Block IB fired from the USS Lake Erie destroyed a complex, separating short-range ballistic missile target with a sophisticated separating mock warhead, according to an official statement. Despite stressing conditions designed to...

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