Boeing Locks In Seven-Year Deal With RTX and US DoD For SM-3 Production

Boeing has secured a seven-year framework agreement with the U.S. Department of War and Raytheon Technologies to ramp up production of key components for the Standard Missile-3 (SM-3) interceptor system.

The deal covers avionics and ejector assemblies for the SM-3, which is designed to neutralize missile threats in the exo-atmospheric environment beyond Earth's atmosphere. The agreements target hardware for both the SM-3 Block IB and Block IIA variants, expanding Boeing's role in one of the U.S. military's most critical missile defense programs.

Under the framework, Boeing, the Department of War, and prime contractor Raytheon will begin scaling production capacity ahead of any formal multi-year contract award being finalized. This approach means Boeing is committing manufacturing resources and supply chain capacity before the financial terms of a long-term deal are formally locked in place.