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Raytheon Missiles and Defense awarded $624 million for Stinger missile production by Staff Writers Tucson AZ (SPX) May 29, 2022
Raytheon Missiles and Defense, a Raytheon Technologies (NYSE: RTX) business, was awarded a $624 million U.S. Army contract to produce 1,300 Stinger missiles. The contract includes provisions for engineering support, as well as the test equipment and support needed to address obsolescence, modernize key components, and accelerate production. "We're aligned with the U.S. Army on a plan that ensures we fulfill our current foreign military sale order, while replenishing Stingers provided to Ukraine and accelerating production," said Wes Kremer, president of Raytheon Missiles and Defense. "The funding will be used to enhance Stinger's producibility in an effort to meet the urgent need for replenishment." The combat-proven Stinger missile is a lightweight, self-contained air defense system that can be rapidly deployed by ground troops. Its supersonic speed, agility and highly accurate guidance and control system give the weapon an operational edge against cruise missiles and all classes of aircraft. The contract is being funded from the Ukraine Supplemental, which contains emergency funding to support Ukrainian defense forces. Raytheon Missiles and Defense continues to work closely with the U.S. Army and its supplier partners to rapidly support the growing demand for Stinger.
Russia says carried out hypersonic missile test Moscow (AFP) May 28, 2022 Russian forces Saturday announced a latest successful test of their Zircon hypersonic cruise missile as Moscow steps up its Ukraine offensive. The missile was fired from the Admiral Gorshkov frigate stationed in the Barents Sea and "successfully hit" a target stationed 1,000 kilometres (625 miles) away in the White Sea in the Arctic, the defence ministry said. The ministry added the test was undertaken as part of ongoing "testing of new weapons". The first official Zircon test, which Preside ... read more
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