Raytheon-Lockheed venture gets $176M for anti-tank missiles

2013-11-18T12:56:00Z 2013-11-18T18:29:20Z Raytheon-Lockheed venture gets $176M for anti-tank missilesArizona Daily Star Arizona Daily Star
November 18, 2013 12:56 pm  • 

A joint venture of Tucson-based Raytheon Missile Systems and Lockheed Martin has won a $176 million contract for production of Javelin anti-tank missiles and launchers for the U.S. and several allied nations, Raytheon said today.

The contract, which calls for production and delivery of 842 Block I Javelin rounds and 120 command launch units, was awarded to the Javelin Joint Venture in September, Raytheon said in an announcement from the Dubai Air Show.

The precision guided, shoulder-fired missiles will be provided to the U.S. Army and Marine Corps and three international customers, Oman, Jordan and Indonesia, Raytheon said.

The contract, which was funded with special defense acquisition Funds, calls for the launch units to be delivered to the Army beginning October 2014.

Contact Assistant Business Editor David Wichner at dwichner@azstarnet.com or 573-4181.

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