US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns

US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns

​The ‌US Navy ​said ‌on Thursday it had awarded RTX's Raytheon ‌unit a ‌multiyear contract worth up to $24.4 billion ⁠to ​produce ⁠Standard Missile-6 interceptors for ⁠the US Navy, ​as the Pentagon ⁠pushes to replenish ⁠munitions ​stockpiles depleted by conflicts ⁠in the Middle ⁠East.

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