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Raytheon wins $258 million SM-2 missile contract
Summary by UK Defence Journal
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Raytheon wins $258 million SM-2 missile contract
Raytheon has been awarded a $258,742,330 cost-plus-incentive-fee contract for the engineering, manufacturing and development of the Standard Missile 2 (SM-2) Block IIICU All Up Round, according to a U.S. Department of Defense contract notice. Options could take the total contract value to $263,137,090. The majority of work will be performed in Tucson, Arizona (72%), with additional work in Simsbury, Connecticut (7%); Wolverhampton, UK (3%); Salt…
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