Raytheon awarded $1B contract by Missile Defense Agency

The Missile Defense Agency, headquartered in Huntsville, has awarded Raytheon a $1 billion missile contract.

Under the contract, Raytheon will procure and deliver a quantity up to 55 SM-3 Block IB All-Up Rounds that are manufactured, assembled, and tested in accordance with the SM-3 Block IB specifications.

iThe work will be performed in Tucson and Huntsville with an expected completion date of March 31, 2031.

The Missile Defense Agency in Huntsville is the contracting activity.

Courtesy of 256 Today.

Recent in Business

Tuberville PSC

U.S. Senator and 2026 frontrunner to become the next Governor of Alabama, Tommy Tuberville (R-Auburn), voiced his support Wednesday for the multi-bill utility reform package moving through the Alabama Legislature. In a weekly call with in-state reporters, Tuberville urged lawmakers to pass the legislative package, saying the current Public Service Commission members who fail to […]

The Alabama House and Senate Education Trust Fund budget committee chairmen addressed the Business Council of Alabama’s Tuesday morning briefing, and discussed budget priorities, their working relationship, and the future of education in Alabama. State Sen. Arthur Orr (R-Decatur) and State Rep. Danny Garrett (R-Trussville) agreed that managing expectations will be a key challenge this […]