By Stephen Nakrosis 
 

Raytheon Corp. (RTN) said Monday it was awarded a $1 billion modification under a previous contract to build a total of 62 SM-3 Block IIA interceptor missiles.

The modification brings the total cumulative face value of the previously awarded contract to $2,489,619,561.

The contracting authority is the U.S. Missile Defense Agency, Raytheon said, and the contract was awarded to Raytheon Missile Systems.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 23, 2019 15:38 ET (20:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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