ATK [ATK] and Raytheon [RTN] last week won initial contracts totaling $20.7 million to begin the Excalibur Increment IB effort. The Joint Munitions and Lethality Life Cycle Management Command Acquisition Center awarded the two 18-month Phase 1 contracts. During Phase 1, the two contractors must evolve their proposed concepts and then demonstrate the capability in a live-fire event. The government will select a single contractor to continue to the Qualification and Initial Production phase, the comand said in a statement.…
ATK, Raytheon, Tapped For Excalibur 1B Phase
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