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RTX's Raytheon awarded $745 million contract for SM-3 IIA interceptors

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RTX (NYSE: RTX) announced that its Raytheon business received a $745 million contract from the U.S. Missile Defense Agency to produce and sustain Standard Missile-3 Block IIA interceptors, a cooperatively developed system with Japanese industry for regional ballistic missile defense.

According to RTX, production will occur at Raytheon facilities in Tucson, Arizona, and Huntsville, Alabama, supported by a recent $115 million expansion of its Alabama missile integration facility that is expected to increase integration and delivery capacity by over 50%. RTX is actively hiring across this program.

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Positive

  • $745 million SM-3 Block IIA contract from the Missile Defense Agency
  • $115 million Alabama facility expansion to increase missile integration capacity by >50%
  • Production work distributed across Tucson, AZ and Huntsville, AL facilities
  • Contract supports continued demand for Standard Missile-3 family interceptors

Negative

  • None.

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Contract strengthens U.S. and allied readiness against evolving ballistic missile threats

TUCSON, Ariz., Aug. 10, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has received a $745 million contract from the Missile Defense Agency for the production and sustainment of Standard Missile-3 Block IIA (SM‑3 IIA) interceptors.

"SM-3 Block IIA is a cornerstone of regional defense, giving the U.S. and allied partners greater reach, accuracy and confidence against evolving threats," said Barbara Borgonovi, president of Naval Power at Raytheon. "We've made sustained investments in our production lines and processes, which are allowing us to increase capacity and deliver these critical munitions to our customers more quickly."

SM-3 IIA is a cooperatively developed program between Japanese industry and Raytheon. The missile features a larger rocket motor and an enhanced kinetic warhead from its predecessors, allowing it to engage threats faster and protect larger regions from short- to intermediate-range ballistic missile threats.

RTX has made significant investments to expand capacity and accelerate production of the Standard Missile Family. This includes a recent $115 million expansion of its Alabama missile integration facility, which will increase the facility's integration and delivery capacity by over 50%. Production under this contract will be completed at Raytheon facilities in Tucson, Ariz., and Huntsville, Ala.

Raytheon is actively hiring to support this critical program. Opportunities are available for emerging talent, experienced professionals, and veterans. Discover open roles on our website and apply today.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-745-million-contract-for-sm-3-iia-interceptors-302846448.html

SOURCE RTX

FAQ

What contract did RTX (NYSE: RTX) announce for SM-3 Block IIA on August 10, 2026?

RTX announced a $745 million contract from the U.S. Missile Defense Agency for production and sustainment of Standard Missile-3 Block IIA interceptors. According to RTX, this award supports regional ballistic missile defense for the U.S. and allied partners using the SM-3 IIA system.

How much is RTX's SM-3 Block IIA contract with the Missile Defense Agency worth?

The SM-3 Block IIA contract awarded to RTX is valued at $745 million. According to RTX, the funding covers both production and sustainment of SM-3 IIA interceptors, strengthening U.S. and allied readiness against short- to intermediate-range ballistic missile threats.

Where will RTX produce SM-3 Block IIA interceptors under the new $745 million contract (RTX)?

According to RTX, SM-3 Block IIA interceptors under this contract will be produced at Raytheon facilities in Tucson, Arizona, and Huntsville, Alabama. The Huntsville site recently underwent a $115 million expansion to increase missile integration and delivery capacity by over 50%.

What production capacity investments has RTX made for the Standard Missile family and SM-3 IIA?

RTX reports it has made significant investments to expand Standard Missile production capacity, including a $115 million expansion of its Alabama missile integration facility. According to RTX, this project will boost integration and delivery capacity by more than 50%, supporting SM-3 IIA output.

How does the SM-3 Block IIA interceptor from RTX improve regional missile defense?

SM-3 Block IIA features a larger rocket motor and enhanced kinetic warhead compared with earlier versions. According to RTX, these upgrades allow faster engagement of threats and protection of larger regions from short- to intermediate-range ballistic missile threats for U.S. and allied forces.