TUCSON, Ariz. — Raytheon has received a $745 million contract from the Missile Defense Agency for the production and sustainment of Standard Missile-3 Block IIA (SM‑3 IIA) interceptors.

“SM-3 Block IIA is a cornerstone of regional defense, giving the U.S. and allied partners greater reach, accuracy and confidence against evolving threats,” said Barbara Borgonovi, president of Naval Power at Raytheon. “We’ve made sustained investments in our production lines and processes, which are allowing us to increase capacity and deliver these critical munitions to our customers more quickly.”

SM-3 IIA is a cooperatively developed program between Japanese industry and Raytheon. The missile features a larger rocket motor and an enhanced kinetic warhead from its predecessors, allowing it to engage threats faster and protect larger regions from short- to intermediate-range ballistic missile threats.

RTX has made significant investments to expand capacity and accelerate production of the Standard Missile Family. This includes a recent $115 million expansion of its Alabama missile integration facility, which will increase the facility’s integration and delivery capacity by over 50%. Production under this contract will be completed at Raytheon facilities in Tucson, Ariz., and Huntsville, Ala.