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Raytheon Gains $142 Million Standard Missile-2 Pact

By | May 8, 2006

      The Navy gave Raytheon Co. a $142 million contract to produce Standard Missile-2 (SM-2) assets.

      Raytheon will provide 75 Block IIIB missiles, 80 Block IIIB conversion kits, telemeters, spare parts, rocket motors and missile maintenance support.
      The SM-2 Block IIIB, which entered the fleet in 1998, incorporates a side-mounted infrared seeker to aid in endgame guidance.
      Standard Missile has been the primary Navy surface-to-air fleet air defense weapon for more than three decades.
      It is the most technically advanced and the most capable air defense missile in the world, according to Raytheon.
      SM-2 is operational on Navy guided missile cruisers, destroyers and frigates, and also is in operation with 13 allied navies.



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