Raytheon
has been awarded a US$422 million contract for its combat-proven Paveway II
family of precision-guided munitions.
The company was awarded the direct commercial sale from an international
customer.
Paveway is a Raytheon-designed kit that transforms "dumb" bombs into
precision-guided munitions.
"Paveway has revolutionised tactical air-to-ground warfare by providing
the warfighter unparalleled accuracy and standoff capability, proving itself in
every major conflict in which it has been used," said Dr Taylor W.
Lawrence, Raytheon Missile Systems president.
Raytheon continues to evolve Paveway to meet the
needs of the US armed forces as well as allied nations.
Newer versions of Paveway include Global Positioning System/Inertial Navigation
System guidance capabilities, which combine the precision and flexibility of
traditional laser-guided weapons with the all-weather capability of GPS
guidance, resulting in a weapon that decreases the required sortie count and
weapon inventory while simultaneously increasing the mission success rate.