- More than 155 SM-3s have been delivered to the U.S. and Japanese navies.
- Raytheon is on track to deliver the next-generation SM-3 Block IB in 2015.
- SM-3 Block IB will be deployed in both sea-based and land-based modes.
Donald Trump says he won't cut defense spending as president of the United States -- but he might change where dollars are going.
Raytheon is one defense stock that gives you the opportunity to play the growing drone market, as well as cybersecurity and other key military technologies.