Raytheon has been awarded a $1.02 Billion contract modification from the Missile Defense Agency to provide a total of 62 Standard Missile-3 SM-3 RIM-161 all-up rounds to U.S. and foreign military sales customers. The SM-3® interceptor is a defensive weapon the U.S. Navy uses to destroy short- to intermediate-range ballistic missiles. Read full Naval News at this link ...
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