Raytheon Receives Production Contract for 102 SM-3 Block IA Missiles for USA and Japan

Released on Friday, February 15, 2008

Raytheon Missile Systems of Tucson, Ariz., is being awarded a $1,015,601,310 cost-plus-incentive-fee sole source contract modification to manufacture seventy-five (75) Standard Missile-3 (SM-3) block IA for the United States, and twenty-seven (27) SM-3 Foreign Military Sales Block IA missiles in support of the Aegis Ballistic Missile Defense System. The principle place of performance is Tucson, Ariz. Work will also be performed in Elkton, Md., by a major subcontractor, Alliant Techsystems, Incorporated and is expected to be complete by Feb. 2012. The FY 07 research and development contract funds will expire at the end of the fiscal year. The Naval Sea Systems Command, Washington, D.C. is the contracting activity (N00024-07-C-6119). FY 07 research and development and Japanese Foreign Military Sales funds will be used for the initial funding. The contract modification will be incrementally funded and at award will obligate $92,790,383 ($85.9M FMS and $6.9 FY 07).