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Wednesday, May 12, 2010

U.S. Air Force Awards Raytheon $34 Million for Laser-Guided Maverick

AGM-65 MaverickThe U.S. Air Force awarded Raytheon Company $34.4 million to continue design work on the AGM-65E2/L laser-guided Maverick missile, the newest variant of the Maverick.

The contract requires Raytheon to develop, integrate and test the missile's guidance and control section.

"The laser-guided Maverick is an ideal weapon for urban combat and high-speed maneuvering targets," said Harry Schulte, vice president of Raytheon Missile System's Air Warfare Systems product line.

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