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Sept. 18, 2017 / 1:22 PM

Raytheon receives $31.5M contract for TOW missiles

Raytheon Missile Systems received the modification to an existing contract for domestic and foreign military sales of the BGM-71 TOW guided anti-tank missile.

TOW anti-tank missile being launched during an exercise in Fort McCoy, Wisc. Photo courtesy of Fort McCoy/U.S. Army

TOW anti-tank missile being launched during an exercise in Fort McCoy, Wisc. Photo courtesy of Fort McCoy/U.S. Army

Sept. 18 (UPI) -- Raytheon Missile Systems has received a $31.5 million modification to an existing contract for domestic and foreign military sales of the BGM-71 TOW guided anti-tank missile.

Work will be performed in Tucson and Farmington, Ariz., with the production run projected to end by Dec. 31, 2018, the Department of Defense announced on Friday.

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The modification provides for TOW missiles for Lebanon and the Kingdom of Saudi Arabia, in addition to the United States.

The BGM-71 Tube-Launched Optically tracked Wire-guided or Wireless missile, or TOW, is a ground or air-launched anti-tank missile launcher.

Originally wire-guided, the newest versions are completely digital, have a range of several miles and are capable of destroying tanks and fortifications. It comes in man-portable, vehicle mounted or air-launched versions. The TOW is used by over 40 countries.

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