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Raytheon Wins $313.8 Mln Contract For Standard Missile-6 All-up Rounds

The U.S. Navy awarded Raytheon Co. (RTN) a $313.8 million contract for low-rate initial production of Standard Missile-6 all-up rounds. SM-6 leverages the legacy Standard Missile airframe and propulsion elements, while incorporating the advanced signal processing and guidance control capabilities of Raytheon's Advanced Medium-Range Air-to-Air Missile.

Work would be performed in Tucson, Ariz.; Camden, Ark.; Andover, Mass.; Huntsville, Ala.; Dallas, Texas; Hanahan, S.C.; Anniston, Ala.; San Jose, Calif.; and Middletown, Ohio, and is expected to be complete by March 2015.

by RTTNews Staff Writer

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