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Raytheon awarded funding for Maverick

May 11, 2010 at 12:40 PM

WALTHAM, Mass., May 11 (UPI) -- U.S. company Raytheon received funding to continue its development of the next-generation guidance technology as part of the Maverick missile program.

Raytheon is under contract to develop enhanced laser seeker solutions and new software capabilities for the AGM-65E2/L Maverick laser-guided missile. The new U.S. Air Force funding is for development of the guidance and control section of the Maverick.

"The laser-guided Maverick is an ideal weapon for urban combat and high-speed maneuvering targets," Harry Schulte, Raytheon Missile System Air Warfare Systems product line vice president, said in a statement.

Raytheon said the contract also includes testing of the next-generation guidance-and-control section for the Maverick, a missile program integrated with 25 fighter aircraft used around the world.

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