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Friday, March 07, 2014

Raytheon receives $350 million SM-3 Block IB contract

SM-3The Missile Defense Agency awarded Raytheon Company $350 million to increase its procurement of Standard Missile-3 Block IB missiles from 8 to 44.

The SM-3 is designed to destroy incoming short-, medium-, and intermediate-range ballistic missile threats by colliding with them in space, a concept sometimes described as "hitting a bullet with a bullet."

The work will be performed in Tucson, Ariz., and Huntsville, Ala., through September 2016.

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1 comment:

  1. WinstonCDN7/3/14 10:10

    F-35 then should be canceled by all those countries who have ordered it and don't possess any other stealthy jets.

    ReplyDelete

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