Business

February 12, 2014

Raytheon receives $31 million Maverick missile contract from South Korea

Raytheon has been awarded a $31 million contract from the Korean Defense Acquisition Program Administration for additional AGM-65G-2 Maverick missiles.

Under the direct commercial sale, Raytheon will supply the missiles to the Republic of Korea Air Force.

“These new Mavericks will provide the Republic of Korea Air Force with additional firepower and will add to South Korea’s existing inventory,” said Jack Roosa, Raytheon Missile Systems Maverick program director.  “Raytheon remains committed to delivering superior weapons that support the mission of our allies and enhance their capability.”

Maverick is a versatile precision-guided missile that is effective against a wide variety of fixed, stationary, moving and maneuvering targets both on land and sea. With more than 7,800 launched in combat, Maverick is employed by the United States Air Force, Navy, Marine Corps, and allied nations on more than 25 types of aircraft.

Maverick features two warhead options: 300 lb blast fragmentation or 125 lb shaped charge. The three seeker choices of CCD (TV), infrared and laser enable warfighters to conduct around-the-clock operations.




All of this week's top headlines to your email every Friday.


 
 

 
Air Force photograph by Joe Davila

Boeing, Air Force demonstrate Minuteman III readiness in flight test

Air Force photograph by Joe Davila Boeing supported the launch of an unarmed Minuteman III intercontinental ballistic missile at Vandenberg Air Force Base, Calif., on Sept. 23, 2014. Boeing supported the U.S. Air Force’s succ...
 
 

Pentagon going to court for refusing to release Sikorsky data

PETALUMA, Calif. – The Pentagon is refusing to release any data on any prime contractors participating in the 25-year-old Comprehensive Subcontracting Plan Test Program. The American Small Business League launched a program in 2010 to expose the fraud and abuse against small businesses the CSPTP had allowed. As a test the ASBL requested the most...
 
 
Northrop Grumman photograph

Raytheon Griffin C flight tests demonstrate in-flight retargeting capability

Northrop Grumman photograph Northrop Grumman has received a contract from the U.S. Marine Corps for low-rate initial production of the AN/TPS-80 Ground/Air Task Oriented Radar (G/ATOR). G/ATOR is the first ground-based multi-mi...
 

 
insitu-scan-eagle1

Insitu announces ScanEagle 2 – the next generation of ScanEagle platform

  From its booth at the Euronaval Exhibition and Conference in Paris, Insitu Oct. 29 announced ScanEagle 2, the next generation of its revolutionary ScanEagle platform. Leveraging lessons learned from more than 800,000 ope...
 
 

DOD, Lockheed Martin announce principle agreement F-35 purchase

The U.S. Department of Defense and Lockheed Martin have reached an agreement in principle for the production of 43 F-35 Lightning II aircraft.  Officials anticipate the Low-Rate Initial Production lot 8 (LRIP 8) contract to be finalized in the coming weeks.  The contract is for fiscal year 2014 with deliveries beginning in 2016. Cost details...
 
 

Boeing delivers Emirates’ 100th 777-300ER

Boeing and Emirates Airline are celebrating the delivery of the airline’s 100th 777-300ER (Extended Range), marking another milestone in a partnership that began over two decades ago when the Dubai-based airline ordered its first 777. With this delivery, Emirates will have 142 777s in operation and is the only airline in the world to operate...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>