The United States Missile Defense Agency has awarded Raytheon an $8.41 billion contract ceiling increase to support the sustainment and engineering of Standard Missile-3 (SM-3) variants, expanding the total contract value to $11.74 billion. According to the U.S. Department of War, the modification applies to a previously awarded indefinite-delivery/indefinite-quantity contract (HQ0851-21-D-0001). Under the updated agreement, […]
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U.S. awards $8.4B SM-3 interceptor contract
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