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Missile Defense Agency Orders Newest SM-3 Interceptors

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Missile Defense Agency Orders Newest SM-3 Interceptors

The Pentagon’s Missile Defense Agency has awarded Raytheon [RTN] a $218.5-million contract for the production of more than two dozen of the latest Standard Missile-3 sea-based interceptors. An SM-3 block 1B launching in 2012. Photo by Raytheon. The contract comes three months after the MDA and Navy conducted the third successful test of the SM-3 block 1B interceptor. Those tests followed an unsuccessful test of the block 1B in its first attempt nearly two years ago. The contract modification announced…

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