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United States: Raytheon lands $73M missile contract.


Raytheon Co. said Friday it has received a $73.3 million contract from the U.S. Army for its Excalibur precision-guided missiles. The Waltham, Mass., defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense
armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region";
 will produce its next-generation Ia-2 missiles for both the Army and Marine Corps artillery artillery, originally meant any large weaponry (including such ancient engines of war as catapults and battering rams) or war material, but later applied only to heavy firearms as opposed to small arms.  systems used in urban war zones such as Afghanistan. Raytheon recently tested the GPS-guided missiles, hitting within 10 meters, or 32 feet, of the intended target.

Excalibur provides the warfighter with precision that is essential to the protection of civilians and combat forces, said Steve Bennett The name Steve Bennett refers to more than one person:
  • Steve Bennett, the head of Starchaser, a company involved in space development and tourism.
  • Steve Bennett, manga artist and head of ill-fated manga publisher Studio Ironcat.
  • Steve Bennett, football referee.
, Raytheon s Excalibur program director, in a statement. Raytheon generated sales of $23.2 billion last year on sales to U.S. and foreign armed forces An armed force belonging to a government or organizational entity other than the United States.  and government agencies.

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Publication:TendersInfo
Date:Oct 5, 2009
Words:129
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