Raytheon wins $243 mln U.S. Navy order for SM-6 missiles

Reuters

WASHINGTON, Sept 27 (Reuters) - Raytheon Co has wona contract worth $243 million to build 89 new Standard Missile 6for the U.S. Navy, the Pentagon announced on Friday.

It said contract would run through March 2016.

Raytheon's new SM-6 missile uses the airframe and propulsionof its legacy Standard Missiles, but adds the advanced signalprocessing and guidance control capabilities of its AdvancedMedium-Range Air-to-Air Missile (AMRAAM).

When used on Navy cruisers and destroyers, the new missileswill give military commanders the ability for the first time tointercept targets that are beyond the line of sight, or beyondthe horizon. The missiles will be part of the Navy's sea-basedmissile defense, providing defensive capability againstballistic missiles in their terminal phase of flight.

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