An international customer signed an agreement with the U.S. Government for a foreign military sale (FMS) of tube-launched, optically tracked, wireless-guided (TOW) missiles to be supplied by Raytheon Company in a deal valued at approximately $750 million.
Raytheon plans to deliver nearly 14,000 TOW missiles to the customer over a three-year period beginning in 2015. A resulting order is expected to be executed by the U.S. government with Raytheon in the coming weeks.
The order will allow Raytheon to further increase TOW's capability while delivering affordable precision to a key U.S. ally for the defense of its borders and sovereignty. This type of multiyear FMS arrangement drives down acquisition costs for the U.S. government and provides economies of scale.
The tube-launched, optically-tracked, wireless-guided (TOW) weapon system, with the multi-mission TOW 2A, TOW 2B, and TOW Bunker Buster missiles, is the premier long-range, precision anti-armor, anti-fortification and anti-amphibious landing weapon system used throughout the world today.
The TOW weapon system is expected to be in service with the U.S. military beyond 2025. Raytheon has delivered more than 675,000 TOW missiles to U.S. and allied warfighters.
Raytheon Company received a contract from an international customer for Paveway IV precision guided bombs valued at more than $200 million. As part of the sale, Raytheon will deliver hundreds of the advanced munitions, which are regarded as the 'weapon of choice' for the Royal Air Force
Raytheon has received its first export order for Paveway IV precision-guided bomb, following the US congressional approval to supply weapons to Saudi Arabia. Raytheon UK officials were quoted as saying by Defense News confirming that they had signed their first Paveway IV export customer, but did not identify the customer involved
Raytheon Co has won a $12 million contract to supply 16 turret units and eight electronics units for the Multi-Spectral Targeting Systems for US Navy MH-60 aircraft. The system is an airborne, electro-optic, forward-looking infra-red, turreted sensor package that provides long-range surveillance, high altitude target acquisition, tracking, range-finding, and laser designation, and for the HELLFIRE missile, and for all tri-service and North Atlantic Treaty Organization laser guided munitions
Raytheon Company has been awarded $35.5 million to provide the US Navy with AN/AQS-20A minehunting sonar systems and equipment
Raytheon Company and the US Navy have successfully tested communications advancements to the Tomahawk Block IV cruise missile. During a Feb
General Dynamics has won a contract from Raytheon in January 2014 to support the engineering and manufacturing development of the US Navy's next-generation integrated Air and Missile Defense Radar (AMDR). Under the contract, General Dynamics will support Raytheon as they build, integrate and test an open, highly scalable and energy efficient advanced radar system to detect ballistic missiles and air and surface targets
Raytheon has been awarded 592.5 million foreign military sales contracts for Tube-launched Optically-tracked Wireless-guided (TOW) missiles
Raytheon has been awarded a $298 million firm-fixed-price and cost-plus-fixed-fee modification for the Family of Advanced Beyond Line of Sight Terminals (FAB-T) Command Post Terminals (CPT) Production program. As a result of this down-select decision, low rate initial production, full rate production and interim contractor support contract options may be exercised to deliver FAB-T CPT-Only Terminals
Brazil has requested the sale of 16 AGM-84L Harpoon Block II Missiles, 4 CATM-84L Harpoon Block II Captive Air Training Missiles, the Defense Security Cooperation Agency told Congress on May 6. The deal is estimated to be worth $169 million and also includes spare and repair parts, support and test equipment, publications and technical documentation, personnel training and training equipment, U
Raytheon and the U.S
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