Raytheon Wins $387 Million SM-3 Block IIA Missiles Contract

May 2, 2018

Defense World:

Raytheon has won $387 million modification contract to procure a limited subset of items necessary to maintain schedule for eventual manufacture, assembly, test and delivery of 20 Standard Missile-3 (SM-3) Block IIA missiles and related efforts, and up to four additional foreign military sales (FMS) missiles, for a potential total of 24 missiles.

The contract action also increases the transition to production undefinitized contract action (Unue developing engineering manufacturing readiness level (EMRL) 3 compliance, achieving sustained rate capability of producing two all-up rounds per month, demonstrating EMRL 4 compliance, and achieving Tactical Configuration Readiness. This modification increases the total cumulative face value of the contract by $415 million(from $694 million to $1.1 billion) . The work is expected by April 2022, US department of defense said in a statment Tuesday…

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Curtis Stiles - Chief of Staff