Pentagon Missile Push Gives Boeing, RTX Fresh SM-3 Production Boost
SM-3 missile production is set to rise as Boeing and RTX join seven-year Pentagon frameworks covering key interceptor hardware.
The U.S. military is ordering more SM-3 missiles, which means Boeing and RTX (defense companies) will likely make and sell more of these products for the next seven years. When big, long-term orders like this happen, it can show that a defense company's business is growing.
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