Raytheon is investing in expanding production of the Standard Missile-3 (SM-3) for the US Navy. The decision comes amid growing global interest in missile defense systems and the success of the SM-3 in real combat conditions. In 2024, these missiles were used to intercept ballistic missiles during an attack on Israel, Defense News reports.
Raytheon produces two modifications of the SM-3: Block IB, which is already in mass production, and Block IIA, which is gradually reaching full production. The latest version demonstrates improved characteristics, in particular the ability to intercept medium-range missiles.
In addition to increasing production volumes, Raytheon is working to reduce the cost of missiles and their modernization. It is planned to introduce new technologies — improved sensors, recognition and increasing the range. This will provide more decision-making time for operators and intercept threats at greater distances from strategic targets.
Raytheon is also actively working with international partners, including South Korea, which is showing interest in purchasing the SM-3 to counter ballistic threats from North Korea and to bolster China's defenses.