U.S. Navy awards $24.4B contract to Raytheon for Standard-6 missile

News reports highlighted the decision by the U.S. Department of Defense (Pentagon) to award the U.S. Navy a contract worth $24.4 billion to Raytheon for accelerating the production of the Standard-6 missile for air defense. The agreement aims to strengthen U.S. air defense capabilities by speeding up production processes and meeting defense needs.

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