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RTX's Raytheon Awarded $6.3 Billion Multi-Year Contract for SM-3 IB Interceptors

Deals·2 articles across 2 outlets·◆ Primary source

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

RTX's Raytheon has been awarded a multi-year contract valued at $6.3 billion for the production of SM-3 IB interceptors. This contract is part of the company's ongoing collaboration with the Pentagon to enhance missile defense capabilities.

Following the announcement of the contract, RTX stock rose about 1% on Friday, reflecting positive investor sentiment regarding the deal. The contract underscores the importance of advanced missile systems in national defense strategies.

RaytheonPentagon

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