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|Raytheon 250-pound Paveway(TM) Reaches Production Milestone|
NEW DELHI, March 29, 2012 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Paveway program achieved a major milestone when it completed production of the 1,000th 250-pound Paveway laser-guided precision munition. Raytheon's combat-proven Paveway is a kit that transforms "dumb" bombs into precision-guided weapons.
The 250-pound weapon, designated the GBU-58, is integrated on the AT-6, Super Etendard and the Mirage 3 aircraft. The Paveway family of weapons is integrated on more than 25 aircraft in 43 countries, including the Jaguar and Rafale. Raytheon has delivered more than 350,000 Paveway systems worldwide.
"The GBU-58, which is available via direct commercial sale, offers warfighters a small, precision-guided munition that reduces collateral damage," said Harry Schulte, Raytheon Missile Systems' vice president of Air Warfare Systems. "The Paveway family of weapons blends standoff capability with flexible warhead options, making it a cost-effective precision solution."
About the Paveway Family of Weapons
The combat-proven Paveway is a kit that transforms "dumb" bombs into precision-guided weapons. Paveway II and Paveway III are laser-guidance kits, while the Enhanced Paveway II, Enhanced Paveway III and Paveway IV use both laser and GPS guidance.
Raytheon Company, with 2011 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 71,000 people worldwide. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter at @raytheon.
SOURCE Raytheon Company