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Tucson Raytheon facility to expand SM-3 interceptor production under $6.3 billion contract
Raytheon plans to increase production of missile-defense interceptors at its Tucson facility under a five-year, $6.3 billion contract with the U.S. Department of War. The company announced the agreement Oct. 8.
Raytheon will ramp up production of Standard Missile-3 Block IB interceptors at its Tucson facility under a five-year, $6.3 billion contract with the U.S. Department of War, the company announced Oct. 8.
The SM-3 Block IB is a missile-defense interceptor. The contract covers its production, according to the announcement. The agreement was reported Oct. 12.