Raytheon Lockheed Martin received $176 million contract to produce Javelin Block I missile 1811131
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Defence & Security Industry News - Raytheon / Lockheed Martin
|Monday, November 18, 2013 06:01 PM|
|Raytheon and Lockheed Martin received $176 million contract to produce Javelin Block I missile.|
The Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: LMT) Javelin Joint Venture received a $176 million contract for the production and delivery of 842 Block I Javelin missile rounds and 120 command launch units (CLUs). The contract was awarded to the Javelin Joint Venture in September.
The FGM-148 Javelin is an American-made man-portable fire-and-forget anti-tank missile
The missiles will be provided through the U.S. government to the U.S. Army, U.S. Marine Corps and three international customers: Oman, Jordan and Indonesia. Funded with Special Defense Acquisition Funds, the CLUs will be delivered to the U.S. Army beginning October 2014.