Report
Raytheon wins US missile contract worth up to $6.3 billion
RTX's Raytheon said the multi-year deal covers production and sustainment of Standard Missile-3 Block IB interceptors, Reuters reports.
TLDR
Reuters reports that RTX's Raytheon said it won a multi-year US military contract worth up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors. The Pentagon is seeking to rebuild missile-defense inventories and boost munitions production, Reuters says.
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