Raytheon To Finalize SM-3 Block 2A Design, Begin Testing under $925M Contract

WASHINGTON — With a nearly $1 billion contract award to Raytheon Co., the U.S. Missile Defense Agency (MDA) has ushered a U.S.-Japanese missile interceptor development program into its final phase, the highlight of which is an intercept attempt tentatively scheduled for mid- to late 2016, a company official said.