Updates make SM-3 more lethal against advanced threats

Combatant Commanders gain new ballistic missile defense capability through 'threat upgrade' software

"...For the first time ever, Raytheon has begun enhancing Standard Missile-3 Block IBs with 'threat upgrade' software, giving the weapon's kill vehicle the ability to hunt down more complicated, more lethal targets. ..."

Reference: www.prnewswire.com .

Huntsville-made Standard Missile-3 Block IB deployed for the first time aboard Navy ship

Alabama-made Standard-Missile 3 deployed for first time on Navy ship

"..."The SM-3 Block IB's completion of initial operational testing last year set the stage for a rapid deployment to theater," said Dr. Taylor W. Lawrence, president of Raytheon Missile Systems. "The SM-3's highly successful test performance gives combatant commanders around the world the confidence they need to counter the growing ballistic missile threat." ..."

Reference: www.al.com .

Raytheon awarded contract modification

Raytheon to Supply More Missiles - Analyst Blog

"...Raytheon Company ( RTN ) was awarded a $230.4 million contract modification from the Missile Defense Agency for a sole-source cost-plus-incentive-fee contract action. The addition to the contract consists of 14 Standard Missile-3 Block IA Missiles and 5 Standard Missile-3 Block IB Missiles. The total value of this contract modification is $230.4 million increasing the total contract value from $1.7 billion to $1.9 billion. Work on the contract will be done in Tucson, Arizona. Raytheon expects to finish work on the contract by September 30, 2014...."

Reference: nasdaq.com .