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Wednesday, 25 January 2017

U. S. Navy awards Raytheon $235 million for Standard Missile-6 production

The U.S. Navy awarded Raytheon Company $235 million for Standard Missile-6 all-up round production missiles and spares. Raytheon will begin delivery in 2018. The missiles will be deployed on Aegis cruisers and destroyers to support U.S. Navy fleet operations. The award funds the fourth year of full-rate production for the multi-mission missile, which recently accomplished significant testing milestones and achievements.

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