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Navy Awards RTX $24.4 Billion Contract To Accelerate SM-6 Production

Navy Awards RTX $24.4 Billion Contract To Accelerate SM-6 Production
A Standard Missile-6 (SM-6) Dual II with Software Upgrade (SWUP) is launched from the USS Daniel Inouye (DDG-118) off the coast of the Pacific Missile Range Facility in Kauai, Hawaii as part of Flight Test Aegis Weapon System 31 Event 1a (FTM-31 E1a) on March 30, 2023. (Photo: Missile Defense Agency by Mark Wright)

The Defense Department on Thursday announced a new five-year $24.4 billion Navy award to RTX’s [RTX] Raytheon business unit to accelerate production of the ship-based Standard Missile (SM)-6 anti-air and anti-surface weapon. The agreement aims to push for faster production, increased manufacturing throughout and deliver significant cost savings across the defense industrial base, the announcement said. The agreement includes two option years. “Our mission is to ensure our warfighters never enter a fair fight. This multi-year award locks in the…

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