Raytheon UK awarded a GBP25M contract for further Paveway IVs by UK Raytheon UK has won a GBP25M contract from the UK Ministry of Defense for further Paveway IV precision-guided bombs. This latest contract will adhere to the accelerated delivery timeframe of two previous orders, placed over the last year, totaling nearly GBP80M.
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Raytheon to supply missiles for U.S. government foreign military sale An international customer signed an agreement with the U.S. Government for a foreign military sale of tube-launched, optically tracked, wireless-guided missiles to be supplied by Raytheon in a deal valued at approximately $750M. Raytheon plans to deliver nearly 14K 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.