Raytheon will produce and deliver SM-3 Block IB interceptors under a $2.1 billion, multi-year U.S. Missile Defense Agency contract. It is the first multi-year contract for the SM-3 program, and covers fiscal years 2019–2023. SM-3 is the only ballistic missile interceptor that can be launched on land and at sea. It is deployed worldwide and has achieved more than 30 exoatmospheric intercepts against ballistic missile targets.
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| An SM-3 Block IB interceptor launches from the USS Lake Erie during a Missile Defense Agency test designed to hit a complex, short-range ballistic missile target. (Picture source: U.S. Missile Defense Agency) |
