SM-3 Block IIA joint production (2024-2026)
Raytheon and Mitsubishi Heavy Industries developed the SM-3 Block IIA interceptor together. It entered full-rate production in 2024. In March 2026, the US and Japan agreed to quadruple production in Japan.
Japan now pays for a large share of new orders, covering nearly half the immediate funding in a $745 million contract awarded in summer 2026.
The program moved from joint development to Japanese production and became a template for sharing missile work.
The AMRAAM deal follows the same path: study co-production, then place final assembly and component work in Japan.
