Raytheon wins $24.4B deal to boost SM-6 missile production
Raytheon, an RTX business, has received a U.S. contract worth up to $24.4 billion to produce Standard Missile-6 interceptors over five years, with two option years. The 2,660-mph missile can engage aircraft, surface targets and ballistic missiles from ships and land-based launchers.
- Contract worth up to $24.4B covers five years plus two option years
- SM-6 reaches speeds of about 2,660 mph
- Missile engages aircraft, surface targets and ballistic missiles
- Raytheon is expanding facilities, workforce and automation
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