U.S., Japan execute nearly $2 billion contract for SM-3 Block IIA

By Jason Sherman / July 26, 2024 at 4:18 PM
The U.S. military executed a contract potentially worth $2 billion for an unspecified number of Standard Missile-3 Block IIA interceptors, a deal that rolls up orders for the Missile Defense Agency and Japan for the most advanced -- and most expensive -- variant of the Aegis guided missile system. On Jan. 25, MDA announced a $1.9 billion fixed-price incentive and cost-plus-fixed-fee contract to Raytheon Technologies for the manufacture and assembly of the missiles. The U.S. government used procurement funds authorized...

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