1 source · first reported 2h ago

The US Missile Defense Agency awarded Raytheon a $745 million contract to manufacture SM-3 missile interceptors. The deal is funded by the US and Japan and covers the production of Standard Missile-3 Block IIA interceptors. The contract was announced by the Department of War on August 7, 2026.
The SM-3 missile interceptors are a crucial part of the US and Japan's missile defense systems, providing a key capability to counter ballistic missile threats. This contract highlights the ongoing cooperation between the two countries in developing and acquiring advanced missile defense technologies.
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