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Raytheon Lands $1.3B Missile Contracts | Birmingham News
Raytheon just secured a $1.3 billion double-header deal for two critical missile systems: the SM-3 interceptor, a top-tier naval defense weapon being co-developed with Japan, and the TOW missile, a proven long-range offensive system used by over 40 countries. The SM-3 contract alone hits $745 million, with work ending in 2031 across Arizona and Alabama, while the TOW gets $536 million for full-rate production and engineering, wrapping up by 2027 in Tucson. This major investment underscores RTX’s commitment to cutting-edge missile tech and global military partnerships. Listen in comfort:Get a…
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