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Raytheon Secures Navy Funds for Standard Missile-6 Material Procurement

Raytheon Secures Navy Funds for Standard Missile-6 Material Procurement - top government contractors - best government contracting event
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Raytheon Secures Navy Funds for Standard Missile-6 Material Procurement - top government contractors - best government contracting eventRaytheon‘s missile systems business has received a $32.3 million contract modification from the U.S. Navy to obtain long-lead materials needed to build Standard Missile-6 units.

The Defense Department said Wednesday the modification will support requirements and  spares for fiscal 2017 SM-6 full-rate production.

SM-6 is designed to perform anti-air warfare, anti-surface warfare and sea-based terminal ballistic missile defense functions onboard cruiser and destroyer ships.

The missile is vertically launched from an MK 41 VLS canister and seeks to help Joint Force and Strike Force Commanders defend fleet against multiple airborne threats.

The Navy obligated $7.7 million in fiscal 2017 weapons procurement funds at the time of modification award.

Work will occur in Arkansas, California, Connecticut, Massachusetts, Nevada, New Jersey and Pennsylvania through March 2020.

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Written by Scott Nicholas

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