UPI:
June 8 (UPI) — The Department of Defense modified a contract with Raytheon for full production of the Standard Missile-6.
The modified contract award from Naval Sea Systems Command adjusted the total cumulative value of the deal to more than $44.8 million. The contract enables Raytheon to provide “long-lead material in support of fiscal 2017 Standard Missile-6 full-rate production requirements and spares,” according to a Defense Department contract announcement Thursday.
The Raytheon-manufactured Standard Missile-6 is both an offensive and defensive long-range weapon system that is designed as a anti-air and surface warfare weapon, in addition to being capable of targeting incoming sea-based ballistic missiles.
