RTX's Raytheon awarded $745 million contract for SM-3 IIA interceptors
Rhea-AI Summary
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Contract strengthens
"SM-3 Block IIA is a cornerstone of regional defense, giving the
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
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
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
For questions or to schedule an interview, please contact corporatepr@rtx.com.
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SOURCE RTX