
TUCSON, Sept. 11 (UPI) -- Raytheon has received a contract to deliver its Maverick air-to-surface missiles to South Korea and Taiwan as part of a Foreign Military Sales award.
U.S. company Raytheon was selected for the contract from the U.S. Air Force. Under the $77.4 million Foreign Military Sales contract, Raytheon will deliver its AGM-65D and AGM-65G2 Maverick air-to-surface missiles to South Korea and Taiwan.
Raytheon's Maverick family of missile technologies offers military units an infrared-guided precision-attack weapon that company officials say has a 93 percent accuracy rate.
"Integrated on more than 25 aircraft, Raytheon's Maverick is an affordable, combat-proven missile with a history of on-cost and on-schedule delivery," Harry Schulte, Raytheon Missile System Air Warfare Systems product line vice president, said in a statement.
"Maverick is a best-value solution for the warfighter who needs a direct-attack weapon."
|
|
|
| Additional Security Industry Stories | |
BEIJING, Feb. 7 (UPI) --
China could face power supply outages this year due to a shortage of coal, warned China's Electricity Council.
|
NEW YORK, Feb. 7 (UPI) --
Global aerospace and defense business reached record levels in 2011, up from $22 billion in 2010 to $44 billion, despite fears it could turn out to be a bad year overall for the industry, latest data indicated.
|
Have lenders turned the corner on lending standards in response to public and marketplace pressure?...
|
A deal on mortgage relief for homeowners caught up in a paperwork scandal is close to complete, officials are saying.
|
| Stories | Photos | People | Comments |
View Caption