Raytheon & Aerojet Rocketdyne Make Strategic Source Deal for Standard Missiles

March 26, 2020 – Raytheon Company’s (Missile Systems business has reached a $1 billion, five-year strategic agreement to purchase propulsion systems from Aerojet Rocketdyne for Standard Missile products. The deal represents a supply chain centerpiece of multi-year Standard Missiles contracts that Raytheon recently received. Raytheon and Aerojet Rocketdyne provide propulsion systems for Raytheon’s Standard Missile family. “Moving to multi-year, rather…

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