This
is the fiscal year 2016 option under the $2,351,177,872 contract for
Standard Missiles awarded to the company in 2015. The guided missiles
are used by the U.S. Navy to provide regional defense against short-to-intermediate-range
ballistic missile threats.
"Standard Missile-3 plays a critical role in the missile defense
of the U.S. and its allies," said Dr. Taylor W. Lawrence, Raytheon
Missile Systems president. "SM-3's sophisticated capability to
destroy enemy ballistic missiles in space, and its flexibility to deploy
from land or from sea make it invaluable as the centerpiece of the President's
Phased Adaptive Approach for missile defense in Europe."
Production under this contract will be completed at Raytheon's world-class
Space Factory in Tucson, Ariz., and integration will take place at Raytheon's
state-of-the-art integration facility in Huntsville, Ala.
About Standard Missile-3 : SM-3s destroy incoming ballistic missile
threats in space using nothing more than sheer impact, which is equivalent
to a 10-ton truck traveling at 600 mph. |
