Report
RTX's Raytheon wins US missile contract worth up to $6.3 billion
Reuters, published by The Economic Times, reports the multiyear contract covers production and sustainment of Standard Missile-3 Block IB interceptors.
TLDR
Reuters reports in The Economic Times that RTX's Raytheon said it won a multiyear 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 Raytheon said the work will be done primarily in Tucson, Arizona, and Huntsville, Alabama.
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