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Event Brief

Pentagon, Raytheon agree to $6.3B interceptor contract

The Pentagon and Raytheon entered a five-year, $6.3 billion contract for continuous production of SM-3 Block IB ballistic missile interceptors, with two additional option years. Raytheon said the contract supports urgent replenishment of inventory used in combat; production will be primarily in Tucson, Arizona, and Huntsville, Alabama.
WHO: The Pentagon and Raytheon
WHAT: Entered a five-year contract for continuous production of SM-3 Block IB interceptors.
WHEN: Reported Oct 9, 2026 at 4:17 PM ET
WHERE: USA
WHY: Raytheon said the contract supports urgent replenishment of missile-defense inventory used in combat and helps maintain supply amid evolving threats.
How this story developed (showing 2 of 2 earlier reports)

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