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The Economic Times

Top News / The Economic Times

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RTX's Raytheon wins up to $6.3 billion US missile contract

Raytheon has secured a significant contract with the US military valued at $6.3 billion. This contract focuses on producing and maintaining Standard Missile-3 Block IB interceptors for missile defense. The award is part of efforts to rebuild military stockpiles depleted due to various conflicts. Additionally, Raytheon has previously received another substantial contract for Standard Missile-6 interceptors.

9 Oct 2026 7:20 am