Raytheon wants to form a consortium with contractors in NATO member countries to help further develop the company’s Standard Missile-3 for the alliance’s ballistic missile defense programs, Defense News reported Thursday.
Andrew Chuter writes the pooling arrangement would aim to help NATO navy forces purchase the weapon.
Taylor Lawrence, president of Raytheon’s missile systems business, told Defense News the company wants partners to help identify technologies that could support the SM-3 program.
Lawrence added the company intends to forge a pooling arrangement similar to the Evolved SeaSparrow Missile model.
“It may take a while to bring together the same number of countries as we have for ESSM, but over time you can imagine a few countries joining a potential consortium for SM-3 and contributing to the Euro missile shield,” Lawrence said to Defense News.