DODOtherDefense & SecurityMarch 27, 2020

SM-3 BLK IB ALL UP ROUNDS

$2,146,206,310

Recipient

RAYTHEON COMPANY

AZ

AI Summary

This $2.1 billion contract funds the production of SM-3 Block IB all-up rounds, ship-launched interceptor missiles that are a key component of the Navy's Aegis Ballistic Missile Defense system. Raytheon in Arizona produces these missiles, which defend against short- to intermediate-range ballistic missile threats.

Key Points

  1. 01Funds production of SM-3 Block IB missile defense interceptors
  2. 02Awarded to Raytheon Company in Arizona
  3. 03Contract valued at approximately $2.1 billion, running through 2027
  4. 04Part of the Aegis Ballistic Missile Defense system
  5. 05Defends against short- to intermediate-range ballistic missiles

Award Details

Start Date

Mar 27, 2020

End Date

Mar 26, 2027

Category

Defense & Security

State

AZ

Award Type

Other

Quick Summary

Amount
$2.1B
Agency
Department of Defense
Recipient
RAYTHEON COMPANY
Type
Other

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