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Raytheon receives $106 million Paveway order

TUCSON, May 30 (UPI) -- Raytheon of the United States has received a $106 million contract for Paveway II bomb kits, which convert free-fall bombs into precision-guided munitions.

The order, the result of a direct commercial sale from an international customer who wasn't identified, includes Paveway kits for both GBU-12 bombs and GBU-58 bombs.

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"Customers worldwide continue to select Raytheon's Paveway to protect their warfighters and citizens," said Harry Schulte, vice president of Raytheon Missile Systems' Air Warfare Systems. "This contract further demonstrates Raytheon's long-standing commitment to its international partners."

Raytheon said its Paveway family of products is compatible across a broad spectrum of warheads and that enhanced versions include capabilities such as Global Positioning System/Inertial Navigation System guidance capabilities for greater precision and flexibility than traditional laser-guided weapons.

The result is a "weapon that decreases the required sortie count and weapons inventory while simultaneously increasing the mission success rate."

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