U. S. Navy awards Raytheon $270 million contract for Standard Missile-6 production

TUCSON, Ariz., March 8, 2016 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company $270 million to exercise fiscal 2016 options for Standard Missile-6 production and spares requirements.

"U.S. Navy commanders want both capability and flexibility to meet a wide variety of missions, and that's exactly what SM-6 offers," said Mike Campisi, Standard Missile-6 senior program director. "Its use is transforming defense."

Raytheon has delivered more than 250 missiles to the U.S. Navy, which deployed SM-6 for the first time in 2013.

In recent testing, SM-6 has shown expanded mission capability in three key areas: Anti-Air Warfare, Sea-Based Terminal and Anti-Surface Warfare. The tri-mission capability of SM-6 continues to emphasize its value by providing additional capability beyond its original intended mission.

The final assembly of SM-6 takes place at Raytheon's state-of-the-art production facility at Redstone Arsenal in Huntsville, Ala.

About the Standard Missile-6
SM-6 delivers a multi-mission, proven over-the-horizon air defense capability by leveraging the time-tested advantages of the Standard Missile's airframe and propulsion.

• The SM-6 uses both active and semiactive guidance modes and advanced fuzing techniques.
• It incorporates the advanced signal processing and guidance control capabilities from Raytheon's Advanced Medium-Range Air-to-Air Missile.

About Raytheon
Raytheon Company (NYSE: RTN), with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Visit us at www.raytheon.com and follow us on Twitter @Raytheon.

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SOURCE Raytheon Company

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