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RTX's Raytheon awarded $333 million contract for SM-6 Block IA production

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RTX's Raytheon has secured a $333 million contract from the U.S. Navy for the production of Standard Missile-6 (SM-6) Block IA missiles. The SM-6 is a versatile weapon system that provides both offensive and defensive capabilities, supporting anti-air, anti-surface warfare, and sea-based terminal ballistic missile defense in a single solution.

The missile has demonstrated its effectiveness through successful deployments on various U.S. Navy ships, unmanned vessels, and land-based launchers. Notably, in March 2024, it successfully intercepted a medium-range ballistic missile target during the Flight Test Aegis Weapon System exercise.

Production will take place across Raytheon facilities in Tucson, Huntsville, Andover, and Dine, with project completion expected by 2027.

RTX ha ottenuto un contratto di $333 milioni dalla Marina degli Stati Uniti per la produzione di missili Standard Missile-6 (SM-6) Block IA. L'SM-6 è un sistema d'arma versatile che offre sia capacità offensive che difensive, supportando la guerra anti-aerea, anti-superficie e la difesa balistica terminale da mare in una singola soluzione.

Il missile ha dimostrato la sua efficacia attraverso schieramenti riusciti su diverse navi della Marina degli Stati Uniti, imbarcazioni senza equipaggio e lanciatori terrestri. In particolare, a marzo 2024, ha intercettato con successo un obiettivo di missile balistico a medio raggio durante l'esercitazione Flight Test Aegis Weapon System.

La produzione avverrà presso gli impianti Raytheon a Tucson, Huntsville, Andover e Dine, con completamento del progetto previsto entro il 2027.

RTX ha asegurado un contrato de $333 millones de la Marina de los EE. UU. para la producción de misiles Standard Missile-6 (SM-6) Block IA. El SM-6 es un sistema de armas versátil que proporciona capacidades ofensivas y defensivas, apoyando la guerra antiaérea, la guerra antibuque y la defensa balística terminal desde el mar en una sola solución.

El misil ha demostrado su efectividad a través de despliegues exitosos en varios barcos de la Marina de EE. UU., embarcaciones no tripuladas y lanzadores terrestres. En particular, en marzo de 2024, interceptó con éxito un objetivo de misil balístico de medio alcance durante el ejercicio Flight Test Aegis Weapon System.

La producción se llevará a cabo en las instalaciones de Raytheon en Tucson, Huntsville, Andover y Dine, con una finalización del proyecto prevista para 2027.

RTX의 레이시온이 미국 해군으로부터 3억 3천 3백만 달러 계약을 체결했습니다. 이 계약은 SM-6 Block IA 미사일의 생산을 위한 것입니다. SM-6은 공중 전투, 해상 전투 및 해상 기반의 최종 탄도 미사일 방어를 지원하는 공격 및 방어 능력을 제공하는 다용도 무기 시스템입니다.

이 미사일은 미국 해군의 여러 선박, 무인 선박 및 육상 발사기에서 성공적으로 배치되어 효과성을 입증했습니다. 특히 2024년 3월에는 Flight Test Aegis Weapon System 훈련 중 중거리 탄도 미사일 목표를 성공적으로 요격했습니다.

생산은 Tucson, Huntsville, Andover 및 Dine의 레이시온 시설에서 이루어지며, 프로젝트 완료는 2027년으로 예정되어 있습니다.

RTX a obtenu un contrat de 333 millions de dollars de la part de la Marine américaine pour la production de missiles Standard Missile-6 (SM-6) Block IA. Le SM-6 est un système d'armement polyvalent qui offre à la fois des capacités offensives et défensives, soutenant la guerre anti-aérienne, la lutte anti-surface et la défense balistique terminale maritime dans une seule solution.

Le missile a démontré son efficacité grâce à des déploiements réussis sur divers navires de la Marine américaine, des véhicules sans pilote et des lanceurs terrestres. Notamment, en mars 2024, il a réussi à intercepter une cible de missile balistique à portée moyenne lors de l'exercice Flight Test Aegis Weapon System.

La production aura lieu dans les installations de Raytheon à Tucson, Huntsville, Andover et Dine, avec une finalisation projetée d'ici 2027.

RTX hat einen Vertrag über 333 Millionen Dollar von der US Navy zur Produktion von Standard Missile-6 (SM-6) Block IA-Raketen gesichert. Die SM-6 ist ein vielseitiges Waffensystem, das sowohl offensive als auch defensive Fähigkeiten bietet und Antiluft-, Antischiffs-Kriegsführung sowie seegestützte ballistische Mittelstreckenraketenabwehr in einer einzigen Lösung unterstützt.

Die Rakete hat ihre Effektivität durch erfolgreiche Einsätze auf verschiedenen Schiffen der US Navy, unbemannten Fahrzeugen und landgestützten Startern unter Beweis gestellt. Besonders bemerkenswert ist, dass sie im März 2024 während des Flight Test Aegis Weapon System-Übung erfolgreich ein Ziel für eine Mittelstreckenrakete abgefangen hat.

Die Produktion erfolgt in den Raytheon-Anlagen in Tucson, Huntsville, Andover und Dine, mit einem voraussichtlichen Abschluss des Projekts bis 2027.

Positive
  • Secured significant $333 million U.S. Navy contract
  • Successful demonstration of missile capabilities in March 2024
  • Multi-purpose capability reducing costs for military customers
  • Production spread across multiple facilities with clear timeline to 2027
Negative
  • None.

Insights

The $333 million SM-6 Block IA contract represents a strategic win for RTX's naval defense portfolio. The SM-6's multi-mission capability - combining anti-air, anti-surface and ballistic missile defense - delivers exceptional value proposition in the current global security landscape. The successful FTM-32 test in March 2024 validates the system's reliability, particularly important given escalating tensions in key maritime regions.

Production across multiple facilities indicates robust supply chain management and manufacturing capacity. The timing of this contract, with completion by 2027, aligns with the Navy's modernization timeline and growing demand for integrated air and missile defense systems. The contract's value represents approximately 0.2% of RTX's market cap, but its strategic importance extends beyond the immediate financial impact, potentially leading to follow-on orders from both domestic and allied nations.

The SM-6 Block IA's versatility as a three-in-one solution offers significant operational advantages and cost efficiencies. Recent successful demonstrations against medium-range ballistic missiles underscore its technological maturity and battlefield readiness. The missile's adaptability to various launch platforms - from traditional naval vessels to unmanned systems and land-based launchers - showcases its architectural flexibility and future-proof design.

In simple terms: imagine having a Swiss Army knife that can defend against aircraft, ships and incoming missiles - that's what the SM-6 offers. This versatility means navies can carry fewer different types of missiles while maintaining robust defense capabilities, resulting in better space utilization and cost efficiency for naval operations.

Missile supports anti-air, anti-surface warfare and sea-based terminal ballistic missile defense in one solution

TUCSON, Ariz., Jan. 13, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $333 million contract from the U.S. Navy to produce Standard Missile-6 (SM-6) Block IA missiles.

"SM-6 has a proven performance, and this contract is an important step for providing this urgently needed weapon to our armed forces," said Barbara Borgonovi, president of Naval Power at Raytheon. "Raytheon continues to work closely with our customers to ensure our military has an unfair advantage at sea and to keep our adversaries guessing."

Deployed on U.S. Navy ships, SM-6 delivers a proven, over-the-horizon offensive and defensive capability by leveraging the time-tested Standard Missile airframe and propulsion system. It's the only missile that supports anti-air and anti-surface warfare and sea-based terminal ballistic missile defense in one solution, enabling the U.S. and its allies to cost-effectively increase the offensive might of surface forces.

SM-6 has been successfully fired from various U.S. Navy ships, unmanned vessels, and launchers on land. In March 2024, SM-6 demonstrated its anti-missile capabilities by successfully intercepting a medium-range ballistic missile target at sea during the Flight Test Aegis Weapon System (FTM)-32 exercise.

Production under this contract will be completed at Raytheon facilities in Tucson, Ariz., Huntsville, Ala., Andover, Mass., and Dine, N.M. with expected completion by 2027.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

 

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-333-million-contract-for-sm-6-block-ia-production-302347750.html

SOURCE RTX

FAQ

What is the value of RTX's new SM-6 Block IA missile contract?

RTX's Raytheon was awarded a $333 million contract from the U.S. Navy to produce Standard Missile-6 (SM-6) Block IA missiles.

When will RTX complete the SM-6 Block IA missile production contract?

The production contract is expected to be completed by 2027.

Where will RTX manufacture the SM-6 Block IA missiles?

Production will take place at Raytheon facilities in Tucson, Arizona; Huntsville, Alabama; Andover, Massachusetts; and Dine, New Mexico.

What capabilities does the RTX SM-6 missile system provide?

The SM-6 provides anti-air, anti-surface warfare, and sea-based terminal ballistic missile defense capabilities in one solution.

What was the latest successful test of RTX's SM-6 missile system?

In March 2024, the SM-6 successfully intercepted a medium-range ballistic missile target at sea during the Flight Test Aegis Weapon System (FTM-32) exercise.

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