Raytheon Lands USD 350 Mln SM3 Block IB Missiles Contract (USA)

Raytheon Lands USD 350 Million SM3 Block IB Missiles Contract

The Missile Defense Agency awarded Raytheon Company $350 million to increase its procurement of Standard Missile-3 Block IB missiles from 8 to 44.

 

The additional funding increases the FY14 award to $506 million for the procurement of 44 Standard Missile-3 Block IB guided missiles.

The SM-3 is designed to destroy incoming short-, medium-, and intermediate-range ballistic missile threats by colliding with them in space, a concept sometimes described as “hitting a bullet with a bullet.”

“The SM-3 Block IB program had a highly successful series of tests in 2013 and completed initial operational testing,” said Dr. Mitch Stevison, Raytheon Missile Systems’ Standard Missile-3 program director. “To meet the combatant commanders’ requests for increased inventories, we continue to deliver final SM-3 Block IAs, while we increase our production rates on the SM-3 Block IBs.”

The SM-3 program includes three variants. The first, SM-3 Block IA, is deployed around the world today, including support of the European Phased Adaptive Approach for missile defense. The second variant, SM-3 Block IB, has completed initial operational testing and is poised for full-rate production. The third variant, the SM-3 Block IIA, is a co-development effort with Japan; the program received an unconditional pass during its critical design review in fourth quarter 2013.

The work will be performed in Tucson, Ariz., and Huntsville, Ala., through September 2016.

Press Release, March 7, 2014, 2014; Image: Raytheon

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