The Economic Times

US partners with Boeing, RTX to boost production of SM-3 missile components amid Iran war

The US Department of War is ramping up missile interceptor production in collaboration with essential partners. Contracts with Boeing and RTX are set to expedite manufacturing processes for vital defense systems. This initiative will bolster supply chains and elevate fleet readiness for the US Navy, while significantly increasing the production rate of SM-3 Block IB and Block IIA interceptors, ensuring a robust defense industrial base.