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Raytheon's Paveway Weapons Garner December Bookings Of More Than 150 Million Dollars
Tucson AZ (SPX) Jan 16, 2008 Raytheon was awarded more than $150 million worth of contracts in December for the combat-proven Paveway family of precision-guided munitions. The latest figures bring the total Paveway year-to-date bookings for 2007 to more than $300 million, a record for Raytheon's Paveway program. The contracts are a combination of direct commercial sales and foreign military sales and will provide customers in Europe and Asia with the Enhanced Paveway II (EP2) and the EP3 variants of the Paveway weapon system, which upgrade "dumb bombs" into precision-guided munitions. "Paveway provides our valued international partners a reliable, affordable and combat-proven family of weapons that can be easily integrated into the customer's inventory," said Harry Schulte, vice president of Raytheon Missile Systems' Strike Weapons product line. "Both the EP2 and EP3 give our customers the capability to precisely strike a hardened target in any weather, thanks to the weapon's dual-mode GPS/laser-guidance system." Enhanced Paveway II (EP2) is an affordable all-weather dual mode GPS/laser-guided precision munition that has successfully been used in combat by the U.K.'s. Royal Air Force during Operation Southern Watch, Operation Enduring Freedom, and Operation Iraqi Freedom. Like the EP2, the EP3 is an all-weather dual mode GPS/laser-guided precision weapon. EP3 has improved standoff range compared with the EP2 and is able to penetrate and destroy extremely hardened targets. The EP3 was successfully used in Operation Iraqi Freedom. Community Email This Article Comment On This Article Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
Arlington, Va. (UPI) Jan 15, 2008 Sometime in February, the Pentagon's Defense Acquisition Board will meet to ratify a plan for what looks likely to be the biggest purchase of wide-body aircraft in the world during the early decades of the present century. |
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