Navy Awards $908M Contract to Raytheon for SM-6 Missile Production

The U.S. Navy has awarded Raytheon a $333.3 million contract to produce Standard Missile-6, including spares and round design agents. The cost-plus-fixed-fee contract includes options that, if exercised, would bring the cumulative value of the effort to $908.1 million, the Department of Defense said.  Navy Contract Scope The SM-6 missiles and equipment will be manufactured

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