RTX's Raytheon awarded $333 million contract for SM-6 Block IA production

Missile supports anti-air, anti-surface warfare and sea-based terminal ballistic missile defense in one solutionTUCSON, Ariz., Jan. 13, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $333 million contract from the U.S. Navy to produce Standard Missile-6 (SM-6) Block IA missiles."SM-6 has a proven performance, and this contract is an important step for providing this urgently needed weapon to our armed forces," said Barbara Borgonovi, president of Naval Power at Raytheon. "Raytheon ...