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Friday, May 29, 2009
Raytheon Receives $30 Million for SLAMRAAM Long-lead Production
Raytheon Company's Surface Launched Medium Range Air-to-Air Missile (SLAMRAAM) program has received U.S. Army approval for a long-lead acquisition, not to exceed $30 million, for long-lead purchases leading to low rate initial production.
This approval is significant as it represents and underscores the Army's confidence in the system and the capability it brings to the warfighter.
"SLAMRAAM represents a revolutionary step forward in the defense of our troops on the battlefield as well as our nation and allies," said Pete Franklin, vice president for Raytheon Integrated Defense Systems' National & Theater Security Programs.
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