Voyager Technologies wins Raytheon contract for SM-3 propulsion
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Voyager Technologies (NYSE: VOYG) has been awarded a contract by Raytheon, an RTX business, to supply propulsion technologies for the Standard Missile-3 interceptor family, according to a company press release.
Under the contract, Voyager will provide its solid controllable throttleable propulsion technology and divert, attitude and control systems, known as DACS. These subsystems are designed to enable precision maneuvering during the exo-atmospheric midcourse phase of flight.
Voyager said the DACS technology supports multi-axis maneuvering, including divert thrust and roll, pitch and yaw control, to guide the SM-3's kinetic warhead to intercept. The company said it has been developing this technology for more than a decade and that it serves as a baseline for multiple weapon systems.
The contract also covers support for Raytheon's advanced interceptor program development, which the company said requires faster and more agile terminal maneuvering to counter ballistic threats.
Matt MagaƱa, president of Space, Defense and National Security at Voyager, said in the statement: "This contract reflects both the demand signal for missile defense and our responsibility to deliver a high-performance, low-cost system to meet the required scale."
Financial terms of the contract were not disclosed.
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