Pentagon Signs Five-Year, $6.3 Billion SM-3 Contract
The agreement covers new missile production, logistics support, modernization and maintenance of existing systems over a five-year period.
Key takeaways
- The contract is valued at $6.3 billion and spans five years.
- It covers new missiles and support, upgrades and maintenance for existing systems.
The Pentagon has signed a five-year, $6.3 billion contract tied to the Standard Missile-3 Block IB, according to Ekonomim. It covers production of new missiles as well as logistics support, modernization and technical maintenance for systems already in military inventories.
SM-3 interceptors are designed to hit ballistic missiles near the peak of their flight paths, outside the atmosphere. The article says they use the force of impact rather than explosive warheads, and that advanced seeker technology is intended to counter decoys and lock onto targets.
The program aims to prevent supply-chain disruptions from interrupting production, Ekonomim reported. It also described the effort as a way to support US Army operational flexibility against modern asymmetric threats.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
