Reported Earlier, RTX's Raytheon SM-3 Block IIA Enters Full-Rate Production, Validating Design And Securing $1.9B Deal
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RTX's Raytheon SM-3 Block IIA missile enters full-rate production, securing a $1.9 billion deal with the U.S. Missile Defense Agency and Japan Ministry of Defense.
October 16, 2024 | 6:30 am
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RTX's Raytheon SM-3 Block IIA missile has entered full-rate production, leading to a $1.9 billion contract with the U.S. Missile Defense Agency and Japan Ministry of Defense.
The full-rate production of the SM-3 Block IIA missile validates its design and secures a significant $1.9 billion contract. This milestone is a positive development for RTX, as it strengthens its defense segment and enhances revenue prospects.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90