Raytheon Awarded $24.4B To Boost Missile Production For US Navy
The U.S. Navy has awarded Raytheon a $24.4 billion, five-year agreement to accelerate the production of Standard Missile-6 (SM-6) munitions, which are critical for anti-air and anti-surface warfare.
S. 4 billion to speed production of the Standard Missile-6 (SM-6), which it described as a critical anti-air and anti-surface warfare munition. The agreement covers five years and includes two additional option years.