- 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.
The U.S. military is spending cash hand over fist on contracts to repair and improve its fleets and munitions. Could this be the best play on this trend?
Under pressure from Elliott, the cyber security products company hired Frank Quattrone's Qatalyst Partners to launch a strategic review, which is likely focused on a sale of the business.