Raytheon's Missile Systems business has reached a $1 billion, five-year strategic agreement to purchase propulsion systems from Aerojet Rocketdyne for Standard Missile products. The deal represents a supply chain centerpiece of multi-year Standard Missiles contracts that Raytheon recently received.
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| Raytheon and Aerojet Rocketdyne provide propulsion systems for Raytheon’s Standard Missile family (Picture source: Raytheon) |
