Missile Defense Market Poised for Growth

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April 27, 2017 | Originally published by Date Line: April 27 on

The State Department in January authorized the SM-6 for foreign military sales, a move that could be a financial boon for Raytheon’s overseas market. The SM-6 provides ships with extended-range protection against fixed and rotary-wing aircraft, unmanned aerial vehicles, cruise missiles and ballistic missiles in the terminal phase of flight, according to Raytheon.