- More than 155 SM-3s have been delivered to U.S. and Japanese navies.
- Raytheon is on track to deploy the next-generation SM-3 Block IB guided missile in 2015.
- SM-3 Block IB will be deployed in both afloat and ashore weapons systems.
A head and shoulders top in Raytheon sets up the short trade.
Donald Trump says he won't cut defense spending as president of the United States -- but he might change where dollars are going.