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Tuesday, March 06, 2012

Raytheon Awarded $79.2 Million US Army Contract to Counter Rockets


The U.S. Army awarded Raytheon Company a $79.2 million contract to develop a system that will detect and destroy incoming rockets.

The solution is called the Accelerated Improved Intercept Initiative (AI3). Development will culminate in a demonstration in 18 months, followed by low rate initial production.

"Rocket attacks have cost many U.S. and allied warfighters their lives, which is why Raytheon is committed to getting this system developed and fielded as soon as possible," said Dr. Thomas R. Bussing, vice president of Raytheon Missile Systems' Advanced Missiles and Unmanned Systems product line. "Our goal is to save soldiers' lives."

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