|Excalibur Ib enters full rate production and receives $52 million award|
|TUCSON, Ariz., July 31, 2014 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Excalibur Ib precision guided projectile has entered full rate production (FRP). U.S. Army approval of FRP completes Excalibur Ib's low rate initial production phase. Additionally, the U.S. Army has awarded Raytheon $52 million for continued Excalibur Ib production.
"The full rate production decision is the culmination of superb teamwork between the U.S. Army and Raytheon," said Lieutenant Colonel Josh Walsh, U.S. Ar... |
|Raytheon fires four TALON Laser-Guided Rockets from MD 530G helicopter|
|Tests demonstrate TALON's multi-platform capability
TUCSON, Ariz., July 31, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and MD Helicopters, Inc. successfully fired four TALON laser guided rockets from the MD 530G armed aerial scout (AAS) helicopter during a series of tests at Yuma Proving Ground, Ariz.
"This test further demonstrates the maturity of the TALON Laser Guided Rocket weapon system as a complement to MD's AAS platform," said Darryl Kreitman, Raytheon TALON program direc... |