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Friday, April 22, 2011
U.S. Army Awards Raytheon $173 Million Contract for Excalibur
Raytheon Company received a $173 million U.S. Army fiscal year 2010 contract for the production of Excalibur precision-guided projectile rounds for in-theater use.
This contract marks the beginning of full rate production for Excalibur Ia-2.
Successfully fielded in 2007, Excalibur is a 155 mm precision-guided artillery round with extended range that is currently in use with the U.S. Army and Marine Corps.
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