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Monday, November 18, 2013

Javelin Joint Venture awarded $176 million for Javelin Weapon System

FGM-148 JavelinThe Raytheon Company and Lockheed Martin Javelin Joint Venture received a $176 million contract for the production and delivery of 842 Block I Javelin missile rounds and 120 command launch units (CLUs). The contract was awarded to the Javelin Joint Venture in September.

The missiles will be provided through the U.S. government to the U.S. Army, U.S. Marine Corps and three international customers: Oman, Jordan and Indonesia. Funded with Special Defense Acquisition Funds, the CLUs will be delivered to the U.S. Army beginning October 2014.

"The Javelin Joint Venture is providing U.S. and allied warfighters with an affordable, versatile and lethal one-man-portable, anti-tank, guided missile and surveillance weapon," said Jeff Miller, Raytheon Javelin program director and Javelin Joint Venture president. "This contract is important to the Javelin program because the CLU retrofit business keeps our production line warm through mid-2015."

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