The contract was awarded by the Korean Defense Acquisition Program Administration under which Raytheon will supply the missiles to the Republic of Korea Air Force, Raytheon Co. said in a press release issued on Tuesday.
The AGM-65G-2 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, the AGM-65G-2 Maverick is employed by the United States Air Force, Navy, Marine Corps, and allied nations on more than 25 variants of fighter aircraft.
The AGM-65G-2 Maverick features two warhead options: a 300 lb blast fragmentation or 125-pound shaped charge.
The AGM-65 Maverick is now the most widely produced precision-guided missile in the Western world and is effective against a wide range of tactical targets, including armor, air defenses, ships, ground transportation and fuel storage facilities.