The combat-proven Paveway is a kit that transforms "dumb" bombs into precision guided weapons.
The 250-pound weapon, which is designated the GBU-58, is undergoing testing on the Hawker-Beechcraft AT-6 and other counterinsurgency aircraft.
GBU-58 also is integrated on the Super Entendard and the Mirage 3.
The Paveway family of weapons is integrated on more than 17 aircraft in 42 countries, and Raytheon said it has delivered more than 350,000 of the systems.
"Warfighters around the world have asked for smaller precision-guided munitions to reduce collateral damage and the GBU-58 is Raytheon's solution because it has unmatched standoff capability and flexible warhead options," said Harry Schulte, vice president of Raytheon Missile Systems' Air Warfare Systems product line.
"With thousands of combat uses, Raytheon's Paveway family of weapons is the most frequently employed and cost effective direct-attack precision guided weapon on the market."
Notable deaths of 2014 [PHOTOS]