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Fiscal Receipts

Standard Missile

NavyProcurementReconciledBLI2234
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Published budget signals for this program, with links to receipts.

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What it is
Standard Missile (2234) is a Navy procurement line funded in the Weapons Procurement, Navy account.
What changed
+$184.6M FY25→26 P-1 TOA · PB2026
Who gets it
No single contractor is published as this line's leader. 5 linked award records are listed below. This line's high-confidence links do not clear the floor for a published concentration index — at least 3 awards across 2 contractor families holding positive obligations, with positive net linked dollars. Why the crosswalk is partial.

Budget figures

FY24 Actuals
$1.06BP-1 TOA · PB2026
FY25 Enacted
$632.8MP-1 TOA · PB2026
FY26 Request
$817.4MP-1 TOA · PB2026
77.1% reconciliation

$187.4M discretionary + $630.0M one-time reconciliation. Discretionary change vs FY2025 enacted: -70.4%.

FY25→26 Change
+$184.6MP-1 TOA · PB2026

Two official figures, one label— reconciled below

Fiscal Receipts uses P-1/R-1 workbook total obligation authority (TOA) as the headline figure sitewide. The workbook TOA includes budget rows that the R-2/P-40 J-book program line excludes — advance procurement in an ordinary year, and in FY2026 the one-time reconciliation appropriation as well. Each row below names the one it is. How the two bases relate →

FY26 Request · $817.4M TOA − $187.4M J-book line = 630.0M (817.4 − 187.4 = 630.0) — $630.0M of one-time FY2026 reconciliation money accounts for this gap — not advance procurement

Figures in the sentence are rounded for reading; the parenthesised arithmetic is the same subtraction in USD millions, at the precision where it closes.

Data coverage

FY2026 award data is a partial year — USAspending reports awards on a rolling basis, and this corpus runs through 2026-09-04. why partial FY2026 data? →

Budget trajectory

The program's 3 summary figures for FY24 to FY26, plotted in fiscal-year order: this line ends lower than it starts. The points are the summary cards above, not a separate derivation; the table beside the chart carries each figure with its own citation.
The program's 3 summary figures for FY24 to FY26, plotted in fiscal-year order: this line ends lower than it starts. The points are the summary cards above, not a separate derivation; the table beside the chart carries each figure with its own citation.FY24: $1.06BFY25: $632.8MFY26: $817.4MFY24FY25FY26
Budget trajectory: one row per fiscal year, carrying the summary figure the sparkline plots. Every figure opens its own citation.
Fiscal yearAmount
FY24$1.06B
FY25$632.8M
FY26$817.4M

All series figures: P-1 TOA · PB2026

Decade view

P-1/R-1 workbook TOA basis, shown compact in $B/$M (the workbook records USD thousands); each figure cites its own President's Budget edition

5 fiscal years of this program as published (FY2022–FY2026): a line through the actuals (filled dots), with the enacted (hollow circles) and request (diamonds) markers each edition reported. Read it for direction, not for precision — this program's actuals line rises across the span. The grid below is the same data as text, one cited figure per cell.
5 fiscal years of this program as published (FY2022–FY2026): a line through the actuals (filled dots), with the enacted (hollow circles) and request (diamonds) markers each edition reported. Read it for direction, not for precision — this program's actuals line rises across the span. The grid below is the same data as text, one cited figure per cell.FY2022 actuals — PB2024 editionFY2023 actuals — PB2025 editionFY2024 actuals — PB2026 editionFY2023 enacted — PB2024 editionFY2024 enacted — PB2025 editionFY2025 enacted — PB2026 editionFY2024 request — PB2024 editionFY2025 request — PB2025 editionFY2026 request — PB2026 editionFY22FY23FY24FY25FY26

The vertical scale does not start at zero: the baseline sits just below this program’s smallest year, so a low point on this line is not a small amount. Read the shape for direction and the grid below for the figures.

● actuals (line)  ·  ○ enacted  ·  ◇ request — gaps are editions the program is absent from, never interpolated.

Decade series values by fiscal year and President's Budget edition: one row per series (actuals, enacted, request), one column per fiscal year. Every figure opens its own citation.
SeriesFY22FY23FY24FY25FY26
Actuals$560.7M$489.1M$1.06B
Enacted–$489.1M$1.20B$632.8M
Request––$1.20B$755.2M$817.4M

blank = series not published for this year; – = absent from that edition.

Asked vs spent: the PB2024 book requested $1.20B for FY2024; the PB2026 book reported $1.06B as actual total obligation authority — $139.9M below the request. 1,056.9 − 1,196.8 = -139.9 USD millions — the compact figures above are rounded for reading.

Program lineage

No predecessor/successor lineage was recorded for this program element — no FY-to-FY transfer into or out of this line was stated in the ingested J-books, and none was inferred from the program structure.

Description

Description — Standard Missile

The SM-6 Block I/IA/IAU provides an extended range engagement capability to provide the air superiority and the umbrella of protection for joint U.S. forces and allies against the full spectrum of manned-fixed and rotary-winged aircraft, unmanned aerial vehicles, and land attack and anti-ship cruise missiles in flight. This capability contributes significantly to the continuous protection of forward deployed ground maneuver forces as well as theater assets. The SM-6 is the primary extended range air defense weapon for AEGIS cruisers and destroyers, Constellation class frigate and potentially future combatants. FY 2023 was the last year of SM-6 BLK I MYP production. SM-6 BLK IA reflects a funding profile for a base plus two options that begins in FY 2024 and completes in FY 2026. Advance Procurement information for this program is provided in exhibit 2234C. Investments for increased production start-up began in FY 2022, for procuring additional special tooling and test equipment, to support increasing SM-6 BLK IA production capacity to 200 per year by FY 2028. FY 2024 includes supplemental funding from Israel Security Supplemental Appropriations Act, 2024 (Division A of Public Law 118-50). DON has received $275.6 million for the procurement of 30 SM-6 BLK IAs for the replacement of Navy stock. This results in an increase FY 2024 quantities from 78 to 108 SM-6 BLK IAs. FY 2025 matches the Base for Reprogramming Actions, DD 1414 and does not include supplemental funding from Israel Security Supplemental Appropriations Act, 2024 (Division A of Public Law 118-50). In FY 2025, DON has received $145.7 million for the procurement of 24 SM-6 BLK IAs for the replacement of Navy stock. This results in an increase in FY 2025 quantities from 79 to 103 SM-6 BLK IAs.

Justification

Justification — Standard Missile

The FY 2026 request for Standard Missile includes $187,420 thousand of discretionary and $630,000 thousand of mandatory (reconciliation) for a total of $817,420 thousand. The mandatory and discretionary funds are necessary to fully fund contract requirements for 139 SM-6 BLK IAs, in FY 2026. Further information for this reconciliation request is provided in Section 20004 (Munitions & Supply Chain) of the Reconciliation Exhibit. FY 2024 and FY 2025 quantities of 78 and 79, respectively, are properly displayed on the P-5. For FY 2024 or FY 2025, the P-5 does not include supplemental funding or QTYs. FY 2024 includes supplemental funding from Israel Security Supplemental Appropriations Act, 2024 (Division A of Public Law 118-50). DON has received $275.6 million for the procurement of 30 SM-6 BLK IAs for the replacement of Navy stock. This results in an increase FY 2024 quantities from 78 to 108 SM-6 BLK IAs. FY 2025 matches the Base for Reprogramming Actions, DD 1414 and does not include supplemental funding from Israel Security Supplemental Appropriations Act, 2024 (Division A of Public Law 118-50). In FY 2025, DON has received $145.7 million for the procurement of 24 SM-6 BLK IAs for the replacement of Navy stock. This results in an increase in FY 2025 quantities from 79 to 103 SM-6 BLK IAs. SM-6 BLK IA/IAU: FY 2024: The program procured 108 SM-6 BLK IAs at a unit cost of $5.3 million. FY 2025: The program will procure 103 SM-6 BLK IAs with a unit cost of $5.5 million. FY 2026: Based on the negotiated contract, the program will procure 28 SM-6 BLK IAs using the discretionary funding and will procure 111 SM-6 BLK IAs using the mandatory funding with a unit cost of $5.3 million. The P-40 discretionary quantity is incorrect and updated on the P-5. The total quantity (mandatory and discretionary) remains 139. The combined funding (discretionary and mandatory) is required to exercise the negotiated FY 2026 option year with the unit price of $5.3 million per AUR. If SM-6 does not receive the full funding required of $817.420 million, the contract will require renegotiation and payment of a Request for Equitable Adjustment (REA) to the Prime Contractor for breach of contract terms and conditions. Payment of this REA will result 0 SM-6 BLK IA procured in FY 2026 and cause a break in SM production of one year. With this break in production, the program will be required to perform production restart efforts of First Article Inspections, requalification of components, recertifying the production line. The impact of these activities will increase the unit cost for FY 2027 by $856 thousand per AUR totaling $124.42 million increasing the FY 2027 budget control required to buy the 145 AURs. FY 2026 includes $51 million (increase from $0 million in FY 2025) for SM-6 BLK IAU Transition to Production (TTP). TTP takes hardware (HW) developed through Engineering, manufacturing, and development (EMD) and cleans up all white wires, produces final Bills of Materials (BOMs) and Tech Data Packages (TDPs), creates routers and work instructions (WIs), and manufactures end items to the new BOMs, WIs, and TDP artifacts. The end items are integrated into the forward flow production Test Equipment (TE) and automation at all levels, from piece part to All Up Round (AUR). TTP takes beta TE scripts and software developed during EMD and makes them repeatable for technician level labor. The HW is run through all tests. Lesson learned and fixes are applied, and the cycle is repeated. The culmination of TTP is a product that is producible, repeatable, with minimal fall-out and rework, from vendor to AUR integrator, outside of the development lab. TTP activities nominally begin 12 months prior to initial procurement award. FY 2026 provides the final allocation of $31.397 million (decrease from $92.079 million in FY 2025) to continue the effort for replication of special tooling and test equipment to increase SM-6 Block IA production capacity up to 200 missiles per year by FY 2028.

Budget line items(workbook-cited)

P-1/R-1 workbook Total Obligation Authority basis (USD thousands) · PB2026.

Exhibit P-1

AccountOrgTypeAmount
Weapons Procurement, NavyNFY24 Actuals$1.06B
Weapons Procurement, NavyNFY25 Enacted$632.8M
Weapons Procurement, NavyNFY26 Disc. Request$187.4M
Weapons Procurement, NavyNFY26 Reconciliation$630.0M
Weapons Procurement, NavyNFY26 Total$817.4M

Budget Details(R-2/P-40 facts)

J-book detail basis (R-2/P-40, USD millions) · PB2026 — a different accounting basis from the P-1/R-1 workbook TOA above; where the two disagree, the reconciliation strip under Budget figures shows both.

Wider than this screen — swipe the table sideways for the remaining fiscal-year columns.

ProjectAll Prior YearsFY24 ActualsFY25 TotalFY26 BaseFY26 Request
Program Element$5.96B$1.06B$632.8M$187.4M$187.4M

Follow the dollar

Appropriation → program element → top high-confidence awards → recipient families → congressional districts.

Follow-the-dollar covers 312 of 1,938 programs — only high-confidence budget→award links are shown. why coverage is partial? →

The program's money traced left to right: the N appropriation, program element 2234 (Standard Missile), its 2 largest high-confidence awards, the 1 recipient family behind them, and the 1 congressional district the work is recorded in. Read it for concentration — how few families and districts the awards run through. Amounts inside the diagram are illustrative per-award transaction sums; the table below carries the cited per-district obligations.
The program's money traced left to right: the N appropriation, program element 2234 (Standard Missile), its 2 largest high-confidence awards, the 1 recipient family behind them, and the 1 congressional district the work is recorded in. Read it for concentration — how few families and districts the awards run through. Amounts inside the diagram are illustrative per-award transaction sums; the table below carries the cited per-district obligations.APPROPRIATIONPROGRAM ELEMENTTOP AWARDSRECIPIENT FAMILIESDISTRICTSNProcurement appropriation2234817.4M FY26N0002417C5409RAYTHEON COMPANY563.8MN0002415C5408RAYTHEON COMPANY41.7MRTX CorporationAZ-07

The diagram illustrates the cited table below — amounts shown in the diagram are transaction sums per award (no citation chips); the per-district obligations in the table cite USAspending queries.

The diagram as text: one row per congressional district in the diagram, the recipient families shown there, and that district's cited program obligations.
DistrictProgram obligations
AZ-07$604.7M

Related awards

Award linkage is shown for 32 of 200 profiled companies — high- and medium-confidence USAspending matches, each row labeled; medium is the weaker evidence. why partial award coverage? →

Rows marked medium rest on evidence weaker than a program-level match, and of more than one kind. An account-based row, where the award drew from the same appropriation account as this program, is an association, not evidence that this program paid for the contract. Where the evidence is instead an FPDS acquisition-program tag or a subaward description, the program is established but which of its budget lines paid is not. An announcement link a recorded review did not leave standing is medium too. Only high rows rest on the contract naming this program with a recorded review upholding it and no recorded rejection or refutation applying.

RecipientPIIDConfidence
RAYTHEON COMPANYN0002415C5408high
RAYTHEON COMPANYN0002417C5409high
RAYTHEON COMPANYN0002413C5403medium
RAYTHEON COMPANYN0002417C5410medium
RAYTHEON COMPANYN0002420C5405medium

Contractor concentration

No concentration index is published for this line. This line's high-confidence links do not clear the floor for a published concentration index — at least 3 awards across 2 contractor families holding positive obligations, with positive net linked dollars. An index below that floor is a fact about the sample, not about the market. Whatever further links this line carries are medium-confidence, and what each medium evidence path does and does not establish is set out in the methodology. Both bases are in the downloadable warehouse.

Lobbying mentions

No Senate LDA lobbying filing in the tracked data mentions this program element by code or alias.

Oversight

Department-level designation (not specific to this program)

GAO lists 5 high-risk areas for DOD as a whole. That designation covers the department, not Standard Missile. No program-specific GAO finding for this line is in the ingested data. See the DOD oversight record.

Program dossier

No research dossier for this program — dossiers cover 50 of 1,938 programs, the largest fully J-book-detailed lines by FY2026 requested dollars. why no dossier here? →

Primary sources

Open any budget figure for its exact receipt. Verified line items lead with the highlighted government PDF; original spreadsheets download with their budget edition and exhibit in the filename.

Budget totals · TOA sources

Detailed budget justification

The related TOA spreadsheets above use a different accounting basis from R-2/P-40 detail. Their amounts are not assumed to match these detailed sources.