MDA clears Raytheon to proceed with building SM-3 Block IIA interceptors ordered last year

By Jason Sherman / November 4, 2019 at 2:53 PM
The Missile Defense Agency has formally lifted a restraint imposed last year on production of the newest Aegis ballistic missile interceptor following an early 2018 flight test failure, awarding Raytheon a $267 million option to proceed with building 24 Standard Missile-3 Block IIA rounds. On Nov. 1, MDA increased an undefinitized contract action from $387 million to $654 million for SM-3 Block IIA production to Raytheon, according to a Pentagon contract announcement. "[T]he contractor is now authorized to work the...

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