TUCSON, Ariz., Oct. 11, 2005 /PRNewswire/ -- Raytheon Company (NYSE: RTN)
has been awarded a $45.5 million contract for the U.S. Air Force's fiscal year
2005 procurement of Paveway(TM) II laser guided bomb kits.
The Paveway(TM) bomb kits turn conventional "dumb" bombs into precision
guided weapons. The semi-active laser guided munitions, which home on
reflected energy directed at a target, feature accuracy, reliability and cost-
effectiveness unattainable with conventional weapons.
"As the legacy provider of Paveway(TM) II laser guided bombs, we are
committed to providing our customers with the best products available to
ensure mission success," said Harry Schulte, Raytheon's Strike product line
vice president.
Paveway(TM) precision guided bombs have revolutionized tactical air-to-
ground warfare. Paveway(TM) was the most widely used precision munition in
Operation Iraqi Freedom, with more than 8,700 dropped.
Paveway(TM) II saw its first combat action in the Falklands in 1982, when
used by the U.K.'s Royal Air Force.
Raytheon also produces the Enhanced Paveway(TM) II, which combines the
laser guidance system with a Global Positioning System-aided Inertial
Navigation System. The resulting dual-mode capability offers true all-weather
flexibility not found in other weapons systems being produced: GPS guidance
for poor weather conditions and precise laser guidance when required for
mobile targets of opportunity. In addition Enhanced Paveway(TM) II has
demonstrated its ability to be accurately guided on INS in a GPS-denied
environment.
Raytheon Company, with 2004 sales of $20.2 billion, is an industry leader
in defense and government electronics, space, information technology,
technical services, and business and special mission aircraft. With
headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.
Contact:
Alan D. Fischer
520.794.1211
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Alan D. Fischer of Raytheon, +1-520-794-1211
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