Tue, Dec 02, 2008
Courtesy of Raytheon Missile Systems

Business

Raytheon wins $85M for guided artillery shell

Arizona Daily Star
Tucson, Arizona | Published: 09.06.2008
Tucson-based Raytheon Missile Systems received an $85.3 million contract to make Excalibur projectiles for the U.S. Army, the company said Friday.
Excalibur, a joint program between Raytheon and BAE Systems AB of Sweden, is a guided artillery projectile that provides precision-strike capability at extended ranges.
The Excalibur was named among the U.S. Army's 10 Greatest Inventions of the Year for 2007.
● Send News & Notes notices to business@azstarnet.com or by fax to 573-4144.