Raytheon has won a $116.4 million contract to enter the technological maturation and risk reduction phase of the Long-Range Precision Fires program.
LRPF is a new, longer-range surface-to-surface weapon that can defeat fixed land targets out to 499 kilometers which replaces the existing Army Tactical Missile System.
Raytheon's LRPF solution, named DeepStrike fires two missiles from a single weapons pod. Further, it lowers costs and increases capacity and boosts range over current systems by more than 40 percent.
"Raytheon can develop, test, and field this new capability and deliver it to the Army ahead of current expectations to replace aging weapons," said Dr. Thomas Bussing, vice president of Raytheon's advanced missile systems product line in a statement Monday.
"LRPF gives soldiers on the battlefield overmatch capability against adversaries." Bussing added.
The technological maturation and risk-reduction phase includes testing missile components to be sure the design is ready for engineering and manufacturing development and live-fire demonstrations by the end of 2019.
DeepStrike will offer the US Army the capability to implement future upgrades that will increase its versatility for future battlefield requirements.
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Raytheon has won a more than $24-million Defense Logistics Agency contract to provide extra spare and replacement parts for the US Armys Abrams M1A1 Main Battle Tanks and Bradley fighting vehicles. Raytheon Company of McKinney, Texas has been awarded the contract for Abrams and Bradley fighting vehicle parts, US department of defense announced Wednesday
Raytheons Integrated Defense Systems has won a $52.6 million engineering and manufacturing development (EMD) contract from US Air Force for Three-Dimensional Expeditionary Long-Range Radar (3DELRR) System
The US Navy has awarded a contract worth $327 million to Raytheon to produce three Air and Missile Defense Radar units. “Raytheon Co
Raytheon has won a $78 million contract for delivery of identification friend or foe transponders and ancillary equipment. Work is expected to be complete by Jan
Raytheon has won $25 million contract for Advanced Electronic Guidance and Instrumentation System (AEGIS) modernization production requirements. This delivery order covers the production of Solid State Switch Assembly (SSSA) Ordnance Alteration kits and spares, as well as test and installation efforts, in support of the AEGIS Modernization (AMOD) program, US Department of Defense said in a statement Friday
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