Raytheon awarded $52M for continued Excalibur projectile production Raytheon's Excalibur precision guided projectile has entered full rate production. Additionally, the U.S. Army has awarded Raytheon $52M for continued Excalibur Ib production.
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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.