Raytheon Wins $24.4 Billion Deal to Expand SM-6 Interceptor Supply

Raytheon ©

Raytheon, an RTX business, has secured a five-year contract worth up to $24.4 billion for Standard Missile-6 (SM-6) interceptors, according to RTX. The agreement includes two option years and aims to raise availability of a munition that supports both offensive strikes and missile defence.

Supply for the US Navy

The order builds on a series of landmark agreements between Raytheon and the Department of War. It secures a steady supply of SM-6 missiles for the US Navy over the long term.

Raytheon President Phil Jasper said the missile’s multi-mission role is vital to the customer. “By continuously investing in our operations and facilities, we are removing constraints and boosting capacity,” he said.

Investment in production capacity

Raytheon has expanded its skilled workforce, strengthened partnerships across the defence industrial base and automated parts of its production. The company says these measures will support significantly higher output now and in the future.

A multi-role weapon

The SM-6 is the only combat-proven weapon able to perform anti-air warfare, anti-surface warfare and ballistic missile defence, according to Raytheon. Crews have fired it from several US Navy ship-based platforms and from land-based launchers.

That range lets the fleet counter a wide spread of kinetic threats with a single missile type. Demand for such flexible munitions continues to grow as navies plan for high-intensity operations.

Learn more on RTX’s website

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