Raytheon Wins $615M to Produce 17 SM-3 Interceptor Missiles

[Zarvan]

SM-3 missile interceptor (Image: Raytheon)
- A +
Raytheon has won $614.5 million modification contract from the US Missile Defense Agency (MDA) to produce 17 Standard Missile-3 (SM-3) and provide support services.

The modification contract covers SM-3 Block IIA missiles, containers, production support, engineering efforts, obsolescence monitoring, technical baseline engineering, quality assurance and audit support, US Department of Defense said in a statement Monday.

Work is expected to be completed by March 2020.

The SM-3 interceptor uses sheer force, rather than an explosive warhead, to destroy its target. Its “kill vehicle” hits threats with the force of a 10-ton truck traveling 600 mph. This technique, referred to as “hit-to-kill,” has been likened to intercepting a bullet with another bullet.

http://www.defenseworld.net/news/20...uce_17_SM_3_Interceptor_Missiles#.WaYEX8gjFPY

 

[Ilay]

That's about 30-35mil$ each give-or-take not counting the support services. Damn, with one of these you can build a battalion's worth quantity of tanks in comparison to costs.

 

[Hyperion]

WTF. Seriously the price tag. Basically you can bankrupt the US by just creating enough BM's at fraction of the cost, and make loads of them.

Sometime I wonder if it's a foreign foe or "American Mil Industrial Complex" that will be the undoing of 'American way of life'...........