Raytheon Receives $109M SM-6 and SM-2 Materials Contract from US Navy
Raytheon’s Standard Missile-2 (SM-2) is a leading defense weapon for high and low interception, increased range, and protection against anti-ship missiles. Through a USD$109,583,490 contract, the SM-2 missiles will primarily be built at Raytheon’s Camden location. Other plants include Massachusetts, California, Connecticut, Pennsylvania, Missouri, Maryland, Oregon, Arizona, and Florida. The Navy hopes to expand from five ships to more than thirty-five ships equipped with Raytheon’s missile technology. A spokesperson from the Navy stated, “This effort is steeped in fleet requirements, focusing on delivering capability to support urgent operational needs in targeted areas of responsibility.”
In order to accommodate for the new missiles, the Navy will update the Aegis Combat Weapon System. This will allow for the SM-6 and SM-2 to be integrated with the software and electronics used by the weapon system. This system can mainly be found on the Ticonderoga-class cruisers and Arleigh Burke-class destroyers. Variants of the missile are in the form of the SM-2 Blocks III, IIIA, and IIIB. The SM-6 is the Extended Range Active Missile for both in the air and on ground operations. Through the utilization of kinematics, the MS-6 gives the Navy an increased fighting rating for Anti-Air Warfare (AAW).
For more than ninety years, Raytheon has been a leading American defense contractor for aerospace and electronics technology. With more than 63,000 employees worldwide, annual revenues have reached approximately $25 billion, most of which has been allocated towards military applications, such as the Standard Missile-2.
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Posted on March 31, 2015