Aerojet, part of GenCorp Inc. of California, said development comes under a contract from the U.S. Missile Defense Agency.
"This development contract will advance SDACS technology to increase flight duration, mission flexibility and overall performance required for the SM-3 IIB missile, ultimately reducing technical risk for the future SM-3 IIB Missile Product Development Phase," Aerojet said.
"This SDACS Risk Reduction Technology Program is a key element of MDA's strategy for early demonstration of shipboard-compatible technologies for the SM-3 IIB missile that can be based on land or at sea."
The SM-3 Block IIB missile is a key component of Phase IV of the U.S. government's program to protect U.S. intercontinental ballistic missiles.
Swim Week Miami Beach 2014 [PHOTOS]