Tucson-based Raytheon unit wins contract for next-gen missile

2012-12-03T10:26:00Z 2012-12-03T11:06:56Z Tucson-based Raytheon unit wins contract for next-gen missileBy David Wichner Arizona Daily Star Arizona Daily Star
December 03, 2012 10:26 am  • 

Tucson-based Raytheon Missile Systems has been awarded a $65 million contract to continue development of the nation’s next-generation air-to-ground missile.

Raytheon is in a competition with Lockheed martin to develop and produce the Joint Air-to-Ground Missile (JAGM), a potentially multi-billion-dollar program to replace three existing missiles. The Army-led program was nearly canceled amid Pentagon budget-cutting but instead has been put on an extended development track.

Raytheon’s contract award by the Army Aviation Missile Command was expected, since Lockheed Martin was awarded a similar contract worth $64 million in August.

Raytheon said that under the contract for “continued technology development," the company will develop and deliver a next-generation guidance section for the JAGM, with four months devoted to updating its design and a preliminary review, followed by two years for a critical design review, guidance section qualification and testing, and delivery of JAGM guidance sections.

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