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Aug. 9, 2016 / 12:31 PM

Raytheon gets $129 million TOW weapon system contract modification

Deal covers procurement for U.S. Marine Corps, Army, Bahrain and Morocco.

Raytheon gets $129 million TOW weapon system contract modification

Raytheon Missile Systems has been awarded a $129 million U.S. Army contract modification to a foreign military sales contract for TOW missiles. Photo courtesy Raytheon

WASHINGTON, Aug. 9 (UPI) -- Raytheon Missile Systems has been awarded a $129 million modification to a U.S. foreign military sales contract for the tube-launched, optically tracked, wireless-guided, or TOW, missiles.

The procurement of the TOW missiles is for the U.S. Marine Corps, U.S. Army and foreign military customers Bahrain and Morocco.

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Work will be performed in Arizona and New Mexico, with an estimated completion date of August 2018.

The Army National Guard Bureau is the contracting activity.

The long-range, heavy-assault, precision anti-armor, anti-fortification and anti-amphibious landing weapon system is used by more than 40 armed forces worldwide and is integrated on more than 15,000 ground, vehicle, and helicopter platforms.

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