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Raytheon

Raytheon aims to boost SM-3 missile production rates

January 16, 2025

Raytheon is investing in its Standard Missile 3 lines to accelerate the production rate of the U.S. Navy weapon, as global interest in procuring the capability expands amid successful intercepts against ballistic missile attacks in the Middle East. Raytheon produces both the SM-3 Block IB and the newer SM-3 Block IIA capable of defeating short- and medium-range ballistic missiles. The SM-3 became…

Raytheon injecting Collins Aerospace unit with $2.7 billion JADC2 jolt

June 19, 2023

WASHINGTON — Raytheon Technologies, the world’s second largest defense contractor by revenue, is reorganizing Collins Aerospace, giving its subsidiary a greater volume of work related to Joint All-Domain Command and Control. The shuffle, effective July 1, will shift…