Technology
US Analytical Instrument Market to Grow by USD 4.7 Million (2024-2028) as Demand for Generic Drugs Increases, with AI Driving Market Transformation- Technavio
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2 hours agoon
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NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Analytical Instrument Market in US size is estimated to grow by USD 4.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 2.07% during the forecast period. Rise in demand for generic drugs is driving market growth, with a trend towards rise in usage of electrical and electronic components in automobile industry. However, challenges related to equipment design poses a challenge – Key market players include ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Bio Rad Laboratories Inc., Bruker Corp., Danaher Corp., Emerson Electric Co., Eppendorf SE, F. Hoffmann La Roche Ltd., Fortive Corp., General Electric Co., Honeywell International Inc., Mettler Toledo International Inc., Mitsubishi Electric Corp., Perkin Elmer Inc., Shimadzu Corp., Siemens AG, Thermo Fisher Scientific Inc., Waters Corp., and Yokogawa Electric Corp..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report
Analytical Instrument Market In US Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 2.07%
Market growth 2024-2028
USD 4.7 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
2.07
Regional analysis
US
Performing market contribution
North America at 100%
Key countries
US
Key companies profiled
ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Bio Rad Laboratories Inc., Bruker Corp., Danaher Corp., Emerson Electric Co., Eppendorf SE, F. Hoffmann La Roche Ltd., Fortive Corp., General Electric Co., Honeywell International Inc., Mettler Toledo International Inc., Mitsubishi Electric Corp., Perkin Elmer Inc., Shimadzu Corp., Siemens AG, Thermo Fisher Scientific Inc., Waters Corp., and Yokogawa Electric Corp.
Market Driver
The automotive industry in the US is experiencing a resurgence following the global recession, with sales volumes of passenger cars and commercial vehicles returning to pre-crisis levels. This economic improvement, coupled with rising consumer confidence, has led to an increased demand for new, fuel-efficient, and technologically advanced cars. Two communication technologies, MOST150 and Broad R-Reach Ethernet, are being increasingly adopted in vehicles for wired and wireless connections. Additionally, entertainment systems in cars utilize Wi-Fi and Bluetooth for wireless connectivity. In the US, embedded cellular technology plays a significant role in eCall, automatically alerting emergency centers in case of accidents. Advanced features, such as GPS systems and Wi-Fi hotspots, are also being integrated into cars. The implementation of these communication and technological advancements is anticipated to generate demand for electrical measurement equipment in the US automobile sector, contributing to the growth of the market during the forecast period.
The Analytical Instrument Market in the US is experiencing significant growth due to increasing trends in various sectors. NMR spectrometers are in high demand for genomics research, identifying genetic mutations, and diagnostics. Next-generation sequencing and molecular imaging are transforming pharmaceuticals and drug monitoring in diagnostic centers. Toxicology and biomarkers detection are crucial in various industries, including food-processing, oil and gas, electric vehicles, and energy systems. Separation and quantification techniques are essential for chemical components in natural and artificial materials. Calorimeters and melting point analysis tools are used in pharmaceuticals and material sciences. X-Ray diffractometers and friability testers are vital for quality control in industries like food testing and pharmaceuticals. Emerging trends include electron microscopy at the atomic scale, pharmaceutical biosimilars, phytopharmaceuticals, regenerative medicines, pollution control, and environmental testing. Shale gas production relies on gas chromatography for food safety testing and quantitative screening. The life sciences and material sciences sectors continue to drive market growth, with applications in cleaner energy, electronics, and advanced research.
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Market Challenges
The Analytical Instrument Market in the US is experiencing significant growth due to the increasing demand for efficient RF testing equipment. Rapid advancements in radio frequencies and circuits have made RF testing an essential element in the development and manufacturing of wireless and RF systems. However, designing test equipment that can keep up with these advances is challenging due to the need for higher specifications and compatibility issues. The aerospace and defense industry, in particular, requires highly efficient electronic testing solutions that can function accurately in extreme conditions. Modular instrumentations like CPCI, PXI, VXI, and LXI are specifically designed to address the application-specific requirements of this industry. However, the lengthy purchasing and export/import procedures in this sector can affect the delivery, execution, and performance of testing solutions. For instance, the diverse environmental conditions in Indian defense establishments pose a serious problem for modular instrument providers, requiring them to develop solutions that are compatible with all applications. Despite these challenges, the market for analytical instruments in the US is expected to grow steadily due to the increasing demand for reliable and high-performance testing equipment.The Analytical Instrument Market in the US is experiencing significant growth due to increasing demand for advanced diagnostic tests and research in various sectors. Key technologies driving this market include microscopy instruments, flow cytometry, real-time PCR, sequencing technology, and various forms of spectroscopy. Applications span from cancer research and infectious diseases to chronic diseases, therapeutic proteins, and biotechnology. Challenges include regulatory guidelines, instrument validation, calibration, and quality control. Industries like pharmaceuticals, biotherapeutics, and clinical testing require skilled professionals and automated systems, such as PCR machines, spectrometers, chromatographs, mass spectrometers, pH meters, particle size analyzers, and Raman spectroscopy, for drug discovery, drug responses, genomics, proteomics, metabolomics, and molecular analyses. Miniaturization and robotics are also crucial trends.
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Segment Overview
This analytical instrument market in US report extensively covers market segmentation by
Product 1.1 Process control instruments1.2 Laboratory analytical instruments1.3 Electrical measurement equipment1.4 OthersEnd-user 2.1 Pharmaceutical and biotechnology companies2.2 Food and beverage companies2.3 Environmental testing organizations2.4 OthersGeography 3.1 North America
1.1 Process control instruments- The Analytical Instruments market in the US is experiencing steady growth. Key players include Thermo Fisher Scientific, Agilent Technologies, and Shimadzu. These companies offer a range of instruments for various industries such as pharmaceuticals, food and beverage, and academia. Growth is driven by increasing demand for accurate and efficient analysis of samples. Market size was valued at USD21.5 billion in 2020 and is projected to reach USD30.5 billion by 2026, growing at a CAGR of 6.5% during the forecast period.
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Research Analysis
The Analytical Instrument Market in the US is a significant and dynamic industry, focused on providing advanced tools and technologies for various sectors, including laboratory tools, chemical substances, clinical diagnostics, life sciences research, and more. These instruments play a crucial role in the analysis of chemical components, natural materials, and artificial materials, among others, through techniques such as spectroscopy, chromatography, Polymerase Chain Reaction (PCR), microarray, sequencing technologies, and more. Applications span across various industries, including biotechnology, personalized medicine, genomics, proteomics, metabolomics, molecular analyses, drug discovery, and separation. Technologies like calorimeters, melting point analysis, spectrophotometers, X-Ray diffractometers, friability testers, and food-processing instruments contribute to the market’s diversity. The market continues to evolve, driven by advancements in technology and the increasing demand for accurate and efficient analytical solutions.
Market Research Overview
The Analytical Instrument Market in the US is a significant and dynamic industry that caters to various sectors, including laboratory tools, chemical substances, clinical diagnostics, life sciences research, and the biotechnology industry. This market encompasses a range of analytical instrumentation, including spectroscopy, chromatography, polymerase chain reaction (PCR), microarray, sequencing technologies, and microscopy instruments. These tools play a crucial role in drug development, precision medicine, molecular diagnostics, and biotherapeutics. They facilitate molecular analyses of genetic information, drug responses, genomics, proteomics, metabolomics, and biomarkers detection. Regulatory guidelines, such as Good Laboratory Practices (GLPs) and Good Manufacturing Practices (GMPs), ensure instrument validation, calibration, quality control, raw material analysis, in-process monitoring, and final product testing. Spectrometers, chromatographs, mass spectrometers, pH meters, particle size analyzers, and various other instruments are used in this industry, requiring skilled professionals to operate and maintain them. Applications include cancer research, infectious diseases, chronic diseases, therapeutic proteins, and toxicology testing. The market continues to evolve with advancements in automation, robotics, miniaturization, and emerging technologies like Raman spectroscopy, NMR spectrometers, next-generation sequencing, and molecular imaging.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ProductProcess Control InstrumentsLaboratory Analytical InstrumentsElectrical Measurement EquipmentOthersEnd-userPharmaceutical And Biotechnology CompaniesFood And Beverage CompaniesEnvironmental Testing OrganizationsOthersGeographyNorth America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/us-analytical-instrument-market-to-grow-by-usd-4-7-million-2024-2028-as-demand-for-generic-drugs-increases-with-ai-driving-market-transformation–technavio-302275115.html
SOURCE Technavio
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Technology
Southeast Asia Data Center Cooling Market to Grow by USD 563.7 Million (2024-2028) as Mini Data Centers Adoption Rises, with AI Powering Market Evolution- Technavio
Published
47 mins agoon
October 15, 2024By
NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Data Center Cooling Market in southeast asia size is estimated to grow by USD 563.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.78% during the forecast period. rising adoption of mini data centers is driving market growth, with a trend towards increasing adoption of DCIM solutions. However, rise in different operational regulations poses a challenge – Key market players include 3M Co., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval AB, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Daikin Industries Ltd., Dell Technologies Inc., Emerson Electric Co., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., NEC Corp., Nortek, Oracle Corp., Quanta Computer Inc., Schneider Electric SE, Vertiv Holdings Co., and Wiwynn Corp..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report
Data Center Cooling Market In Southeast Asia Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 6.78%
Market growth 2024-2028
USD 563.7 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
6.24
Regional analysis
Southeast Asia
Performing market contribution
Southeast Asia at 100%
Key countries
Singapore, Malaysia, Indonesia, Thailand, and Rest of Southeast Asia
Key companies profiled
3M Co., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval AB, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Daikin Industries Ltd., Dell Technologies Inc., Emerson Electric Co., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., NEC Corp., Nortek, Oracle Corp., Quanta Computer Inc., Schneider Electric SE, Vertiv Holdings Co., and Wiwynn Corp.
Market Driver
Data Center Infrastructure Management (DCIM) plays a crucial role in optimizing cooling systems in data centers through remote software. Vendors are prioritizing DCIM solutions due to their ability to monitor and manage temperatures efficiently. DCIM adoption offers significant benefits, such as reducing power consumption by over 20% and increasing cooling efficiency by approximately 40%. The return on investment (ROI) is typically achieved within 12-24 months, as DCIM eliminates human errors. Schneider Electric, a leading vendor, provides StruxureWare DCIM and EcoStruxure IT, offering complete visibility into cooling systems and server statuses. The growing demand for efficient systems and DCIM solutions will fuel the expansion of the data center cooling market in Southeast Asia.
The Data Center Cooling Market in Southeast Asia is witnessing significant growth due to increasing data center operations and the data generation from OTT platforms, streaming services, and cloud services. High energy consumption and heat generation are major challenges in data centers, leading to the adoption of innovative cooling solutions like pre-engineered cooling modules with precision cooling capabilities. These modules offer scalability for high-density computing and energy efficiency, reducing both operational costs and carbon emissions. Amidst the pandemic, there is a growing focus on environmental sustainability and safety measures in data center infrastructure. Manufacturers are investing in specialized infrastructure and technology to address cooling issues and ensure flexibility, security, and regional opportunities. The market is segmented into components, solutions, and services. High investment costs and the need for energy-efficient data centers are driving the demand for energy-saving components and solutions. The latest trends include the use of carbon-neutral cooling systems and the integration of AI and IoT for predictive maintenance and optimization.
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Market Challenges
In Southeast Asia’s data center cooling market, meeting construction schedules and contractual requirements is a significant challenge. Delays often exceed projected costs, and factors such as governmental inaction, public opposition, financing difficulties, weather conditions, unavailable materials, changing project scopes, labor disruptions, industrial accidents, and environmental hazards can further complicate matters. Obtaining clearances and adhering to regulatory requirements also pose challenges, leading to delays and damage to vendors’ reputations. These issues can result in lost deals and contracts for cooling systems, servers, and network equipment, thereby hindering market growth in Southeast Asia during the forecast period.The Data Center Cooling Market in Southeast Asia faces challenges due to the increasing demand for energy-efficient data centers, driven by data generation from OTT platforms, streaming services, and IT infrastructure. Power consumption and heat generation are major concerns, requiring advanced cooling equipment. The pandemic has accelerated digital transformation, leading to higher data volumes and the need for specialized infrastructure. High investment costs and cooling issues are barriers, but opportunities exist in sectors like healthcare, manufacturing, and cloud services. Carbon emissions and safety measures are key concerns, making technology advancements essential. Latest trends include scalability, security, flexibility, and regional opportunities. The market includes components like air conditioners, precision air conditioners, and services like installation & deployment, maintenance, and various cooling methods such as non-raised floor, raised floor, containment, IT & telecom, energy, and rack-based, row-based, and room-based cooling for data-intensive applications and cloud computing.
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Segment Overview
This data center cooling market in southeast asia report extensively covers market segmentation by
Type 1.1 Room cooling1.2 Rack and row coolingTechnology 2.1 Liquid-based cooling2.2 Air-based coolingComponent 3.1 Air conditioners3.2 Economizers3.3 Cooling towers3.4 Chillers3.5 OthersGeography 4.1 Southeast Asia
1.1 Room cooling- In the data center cooling market of Southeast Asia, room cooling solutions are gaining popularity due to their effectiveness in maintaining a consistent temperature within data centers. These solutions utilize CRAH units that work in tandem with sensors to monitor headload and distribute chilled air through ducts and vents. Vendors like Vertiv offer small room cooling systems, ideal for small-to-medium data centers, with cooling capacities ranging from 1.5-11 tons (5.3-40 kW). The growth of data centers in Southeast Asia’s arid climate environment fuels the demand for these systems. By providing efficient air distribution through raised floors, these solutions ensure a continuous supply of cool air, contributing to the moderate growth of the room cooling segment in the region’s data center cooling market.
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Research Analysis
The Data Center Cooling Market in Southeast Asia is experiencing significant growth due to the increasing demand for energy-efficient data centers to support the data generation from OTT platforms, streaming services, and cloud services. With the proliferation of big data, connected devices, and IT infrastructure, specialized infrastructure is becoming essential to manage the heat generated by these systems. However, high investment costs and cooling issues are major challenges. The market is witnessing the adoption of the latest trends, such as technology advancements in cooling equipment and carbon emissions reduction through renewable energy sources. Safety measures are also a priority, with manufacturers focusing on developing solutions that minimize the risk of fires and other safety hazards. The market is segmented into component and solution segments, with the solution segment expected to dominate due to the growing demand for integrated cooling solutions. The services segment is also gaining traction as companies seek expert assistance in designing and implementing cooling systems.
Market Research Overview
The Data Center Cooling Market in Southeast Asia is witnessing significant growth due to the data generation from OTT platforms, streaming services, and the increasing adoption of cloud services, big data, and connected devices. Energy-efficient data centers are becoming a priority to reduce power consumption and heat generation. Cooling equipment is a crucial component of IT infrastructure, with air conditioners, precision air conditioners, and specialized infrastructure solutions being popular choices. The pandemic has accelerated digital transformation, leading to high investment costs and cooling issues. Carbon emissions and safety measures are also key concerns. Technology advancements include pre-engineered cooling modules, precision cooling capabilities, and scalable designs for high-density computing. The market includes solution segments like installation & deployment, maintenance services, and various cooling techniques such as non-raised floor, raised floor, containment, IT & telecom, energy, rack-based cooling, row-based cooling, and room-based cooling. Data-intensive applications like cloud computing, digital services, and environmental sustainability are driving opportunities in the region. Innovative solutions like pre-engineered cooling modules and flexible designs offer scalability and security. The latest trends include energy consumption reduction, high-density computing, and the integration of renewable energy sources.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeRoom CoolingRack And Row CoolingTechnologyLiquid-based CoolingAir-based CoolingComponentAir ConditionersEconomizersCooling TowersChillersOthersGeographySoutheast Asia
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/southeast-asia-data-center-cooling-market-to-grow-by-usd-563-7-million-2024-2028-as-mini-data-centers-adoption-rises-with-ai-powering-market-evolution–technavio-302275327.html
SOURCE Technavio
Technology
Dr. Ming-Chien Chyu accepted into Forbes Technology Council
Published
47 mins agoon
October 15, 2024By
Forbes Technology Council is an invitation-only, vetted professional organization for world-class senior-level CIOs, CTOs, and technology executives.
BOSTON, Oct. 15, 2024 /PRNewswire-PRWeb/ — Dr. Ming-Chien Chyu, Founding President and Executive Director, Healthcare Engineering Alliance Society (HEALS), and professor at Texas Tech University, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.
HEALS is a global organization focusing on improving and advancing all aspects of healthcare through engineering, bridging the gap between healthcare and engineering, synergizing the two fields, preparing engineering students and engineers for jobs in healthcare, and helping healthcare professionals apply engineering to solve healthcare problems.
Dr. Chyu was selected by a review committee based on a track record of dedication to improving and advancing healthcare through engineering, as well as personal and professional achievements and honors including recognition as a (or the) pioneer in Healthcare Engineering, the “Father of Healthcare Engineering”, and a world’s leader in engineering, technology, healthcare, and education by more than 20 US-based global magazines (14 cover stories) and news outlets, with comments such as “his leadership has galvanized a global community of engineers, healthcare experts, and students dedicated to effecting positive change in healthcare delivery, administration, and technology”, and “Dr. Chyu’s remarkable accomplishments and dedication have undeniably left an indelible mark on the fields of engineering and healthcare.”
As a member of the Council, Dr. Chyu will connect and collaborate with other respected leaders in a private forum. Dr. Chyu will also have the opportunity to share his expert insights in original articles and contribute to published Expert Panels alongside other experts on Forbes.com.
“As the founder of HEALS, joining Forbes Technology Council is a recognition of my contributions in bridging between healthcare and engineering; as one of very few university professors accepted by FTC, joining FTC is a recognition of my efforts in bridging between academia and industry,” said Dr. Chyu.
ABOUT FORBES COUNCILS
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.
To learn more about Forbes Councils, visit https://councils.forbes.com.
Healthcare Engineering Alliance Society (HEALS)
https://www.healthcare-engineering.org/
Media Contact
Ming-Chien Chyu, Healthcare Engineering Alliance Society (HEALS), 1 806 793 6873, contact@healthcare-engineering.org, https://www.healthcare-engineering.org/
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SOURCE Healthcare Engineering Alliance Society (HEALS)
Technology
RTX’s Raytheon SM-3® Block IIA achieves full-rate production approval
Published
47 mins agoon
October 15, 2024By
This marks the first Missile Defense Agency cooperative development program with Japan to reach this milestone
TUCSON, Ariz., Oct. 15, 2024 /PRNewswire/ — Raytheon, an RTX (NYSE: RTX) business, has entered full-rate production for Standard Missile-3 Block IIA, validating the program’s design maturity amid increased demand for the product from the United States and allied partners.
The SM-3 Block IIA production milestone cleared the way for a $1.9 billion award from the U.S. Missile Defense Agency in July 2024 to produce rounds for both the U.S. government and Japan Ministry of Defense.
Full-rate production signals that there is no elevated design or manufacturing risk in the missile and validates its reliability and performance.
“SM-3 Block IIA is a testament to the continuing partnership with Japanese industry to mature ballistic missile defense capabilities for the defense of our nation and our allies around the globe,” said Barbara Borgonovi, president of Naval Power at Raytheon. “This milestone indicates that the team has achieved full maturity in the missile’s design which leads to greater efficiencies throughout the program.”
SM-3 Block IIA, created in a landmark cooperative development program between MDA, Japan Ministry of Defense and their industry partners (Raytheon and Japanese industry), is the first MDA-procured program of its kind to achieve this manufacturing milestone. SM-3 Block IIA features larger rocket motors and an enhanced kinetic warhead compared to its predecessors, allowing it to engage threats faster and protect larger regions from short- to intermediate-range ballistic missile threats.
Work under this contract will be done at Raytheon facilities in Tucson, Ariz.; and Huntsville, Ala., with completion by February 2031.
About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.
About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact corporatepr@rtx.com
View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-sm-3-block-iia-achieves-full-rate-production-approval-302276277.html
SOURCE RTX
Southeast Asia Data Center Cooling Market to Grow by USD 563.7 Million (2024-2028) as Mini Data Centers Adoption Rises, with AI Powering Market Evolution- Technavio
Dr. Ming-Chien Chyu accepted into Forbes Technology Council
RTX’s Raytheon SM-3® Block IIA achieves full-rate production approval
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