Multiyear deal pushes price tag for SM-3 Block IB interceptor to lowest amount to date

By Jason Sherman / April 1, 2020 at 7:44 PM
Raytheon says a new $2.1 billion Standard Missile-3 Block IB production contract drove the cost for each ballistic missile guided interceptor to its lowest level yet. "We're at the lowest price that we've ever sold an SM-3 Block IB," Roy Donelson, senior director for Raytheon's Strategic & Missile Defense Systems, said earlier this week. Donelson confirmed that the total contract value -- $2,139,779,656 -- can simply be divided by the number of interceptors to produce the unit cost. The Missile...

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