Naval Today
  • Vessels
  • Equipment & Technology
  • Operations
  • Capital Investments
  • Authorities
  • More news
JobsNewsletter
Naval Today logo

Your trusted source for naval and maritime news, part of the Navingo network.

Topics
  • Equipment & technology
  • Industry
  • Vessels
  • Operations
  • Training & Education
Network
  • NavalToday
  • Dredging Today
  • Offshore Wind
  • Offshore Energy
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report Your News
  • Privacy Policy

© 2026 Navingo. All rights reserved.

Home›Equipment & technology›Raytheon pens $344 million deal for missile development program
Equipment & technology

May 6, 2024 · about 2 years ago

Raytheon pens $344 million deal for missile development program

Raytheon, an RTX business, has been awarded a $344 million contract for the development of two missile variants, the SM-2 Block IIICU and SM-6 Block IU.

2 minutes read
  • LinkedIn
  • X
  • Email
Raytheon pens $344 million deal for missile development program
Credit: Raytheon

Raytheon, an RTX business, has been awarded a $344 million contract for the development of two missile variants, the SM-2 Block IIICU and SM-6 Block IU.

As informed, the variants will be based on a common guidance section, where the electronics and software that guide a missile to the target are housed.

The updated variants will share a newly designed guidance section, target detection device, independent flight termination system and electronics unit. This commonality will allow Raytheon to manufacture both missiles on a common production line, providing flexibility, and scalability.

“Upgrades under this contract will allow us to increase speed and efficiency in production of these weapon systems that are integral to the defense of the U.S. Navy and our allies,” said Kim Ernzen , president of Naval Power, Raytheon.

“It’s also a very important step forward for our international customers, as this will be the first time that Standard Missile active radar technology will be fielded by the U.S.’s international allies.”

The development program is largely funded by foreign military sales. The first users of these updated missiles will be the U.S., Australia, Canada, Japan, and Korea.

Work on this contract is being conducted in Tucson, Arizona.

While the common sub-sections will be developed for both missile configurations under this award, there is a follow-on contract expected later this year which will complete the missile-level qualification events as well as at-sea flight tests specific to the SM-2 Block IIICU configuration.

Reach the Naval Today industry in one go!

Naval Today is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Naval Today on:

Filed under

Equipment & technology

Daily naval, defence and maritime news in your mailbox.

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Vaisala webinar to explore environmental intelligence for Arctic maritime operations
  2. 2Two Italian Navy FREMM frigates set for transfer to Greece
  3. 3UK changes gun plan for new FSS ships
  4. 4Mitsubishi Shipbuilding starts work on PCG's MRRVs

Daily naval, defence and maritime news in your mailbox.

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free