
Raytheon [RTN] and the Army yesterday said they completed Initial Operational Test and Evaluation (IOT&E) for Excalibur Ib during a series of successful tests. IOT&E is administered by the Army's Test and Evaluation Command and performed by an active-duty artillery battalion in a tactical environment. Raytheon May 19 said it expects the Army to announce a full-rate production decision by mid-year. During IOT&E, artillerymen from Fort Riley's 1st Battalion, 5th Field Artillery fired numerous Excalibur Ib rounds, scoring several target…