Raytheon [RTN] was recently awarded two contracts worth in excess of $100 million by Israel's Rafael to design and develop the David's Sling Weapon System. The DSWS is a joint program between the Missile Defense Agency and the Israel Missile Defense Organization. The system will defeat short-range ballistic missiles, large- caliber rockets and cruise missiles in their terminal phase of flight. The first contract was awarded to codevelop the Stunner Interceptor, the missile component of the DSWS. Stunner is an…
Raytheon Awarded More Than $100 Million For New Missile Defense System
SHARE:
