RTX's Raytheon SM-3® Block IIA achieves full-rate production approval

This marks the first Missile Defense Agency cooperative development program with Japan to reach this milestone TUCSON, Ariz., Oct. 15, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has entered fullrate production for Standard Missile-3 Block IIA, validating the program's design maturity amid increased demand for the product from the United States and allied partners. The SM-3 Block IIA production milestone cleared the way for a $1.9 billion award from the U.S. Missile Defense Agency in July 20 ...