Raytheon lands $2.1B boost for Standard Missile-3 support under MDA contract
The Missile Defense Agency (MDA) has awarded Raytheon a $2.1 billion modification to its contract for sustainment and support of the Standard Missile-3 (SM-3) program, significantly increasing the contract’s value to over $3.3 billion.
The modification, announced on 12 May 2025 by DOD, adds $2.