Business Week
U.S. Missile Agency Agency Awards Raytheon $175M For Japan Deal
Associated Press
September 27, 2010
Raytheon awarded $175 million contract
The Missile Defense Agency has awarded Raytheon Company a $175 million
development contract, the defense company said Monday.
Under the contract, Raytheon will work with partners in Japan on the cooperative
engineering and development efforts for the SM-3 Block IIA missile through the
preliminary design process. The contract also includes an option for future
studies totaling $9.8 million.
Raytheon and Mitsubishi Heavy Industries, under contract to the MDA and Japan's
Ministry of Defense, are developing the next-generation SM-3 Block IIA missile,
scheduled to begin flight testing in 2014. The company says the new missile will
include larger second- and third-stage rocket motors and a larger kinetic
warhead to provide a greater area of defense against sophisticated threats.
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Phoenix Business Journal
September 27, 2010
Raytheon gets $175M Japan contract
Raytheon Co. has received a $175 million contract from the Missile Defense
Agency for a development program with Japan.
The contract continues engineering and development efforts for the SM-3 Block
IIA missile, the next generation of which is scheduled to begin test flights in
2014.
The missile, being developed out of the company’s operations in Tucson, will
be built with larger motors and warheads to make it more effective against
various targets.
The contract covers preliminary design revue, scheduled for early 2011.
Raytheon expects to deploy the missile by 2018 in Europe. It is being developed
by the Department of Defense’s MDA and the U.S. Navy’s Aegis Ballistic
Missile Defense System.
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