DOD eyeing seven-year contract vehicle to keep SM-3 production line humming through 2029

By Jason Sherman / January 4, 2023 at 4:53 PM
The Defense Department is eyeing a potential seven-year megadeal with Raytheon to buy the most advanced Aegis guided missiles -- the Block IB and Block IIA variants of the Standard Missile-3 -- as part of a sole-source contract to support orders between fiscal years 2023 and 2029. Just before Christmas, the Missile Defense Agency published a notice of intent to award a sole-source contract to Raytheon , the maker of the SM-3 family of interceptors, noting the plan is to...

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