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.
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Raytheon upgrades to Tomahawk pass flight tests Raytheon and the U.S. Navy completed successful back-to-back Tomahawk cruise missile flight tests that validated recent software improvements. The upgrades improve weapon system performance.