Raytheon's missile win

By deciding not to deploy a radar system in the Czech Republic or 10 ground-based interceptors in Poland (here's the NYT story), the administration is focusing on smaller SM-3 missiles - first on ships and perhaps later in southern Europe or Turkey. The SM-3 interceptors, which would provide the flexibility to move U.S. missile defense capabilities as may be needed, are made by Raytheon and a host of Southern California subcontractors. Here's a list, based on a Raytheon report:

Raytheon Vision - Santa Barbara
Keystone Engineering - Los Angeles
Teledyne Micro - Los Angeles Pacific
Scientific - Valencia
Ultramet - Pacoima
Rantec - Calabasas
Circle Seal - Corona
Raytheon - El Segundo
Marvin Engineering - Inglewood
Honeywell - Torrance
American Auto Eng - Huntington Beach
Rheinhold (Elder) - Newport Beach
Boeing - Anaheim
Exotic - Murrieta
L3 - San Diego

It's always dangerous to presume which contractors and subcontractors will benefit from Pentagon policy shifts, but it's certainly worth paying attention to. The above list is also a reminder of how disparate the defense procurement process can be. By the way, Boeing might be looking to get into the act, with a proposal to build a mobile interceptor missile. For what it's worth, Raytheon stock is up almost 2 percent this morning.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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