Navy awards Raytheon $24.4B for SM-6 missiles
The Navy contracted Raytheon for five years of missile production to replenish depleted stockpiles.
Palanor Wire · composed from 3 outlets · every claim links to its sources
What happened
The US Navy awarded RTX's Raytheon a $24.4 billion contract for Standard Missile-6 interceptors. 123 The deal covers at least five years of production for an undisclosed number of missiles. 1
Why it matters
The contract aims to replenish munitions stockpiles depleted by conflicts in the Middle East. 2 The Pentagon is pushing to accelerate missile production amid stockpile concerns. 2
Sources · 3
[1]Navy, Raytheon ink $24.4B deal for SM-6 ‘acceleration’
Breaking Defense
[2]US Navy awards RTX’s Raytheon $24.4B for SM-6 missiles amid stockpile concerns
Defense News
[3]US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns reut.rs/4rH8cqp
Reuters · Bluesky
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