Excalibur has revolutionized cannon artillery, making it possible to engage targets precisely at long ranges while avoiding collateral damage, and Raytheon [RTN] is moving on more precise projectiles and a potential Navy variant, a company official said. Excalibur was originally fielded in the mid-2000s to meet an urgent need in Iraq and Afghanistan. The earlier 1a1 and ia2 versions have had successful deployments and met with “rave reviews,” said Paul Daniels, Raytheon Excalibur Business Development manager. The latest variant, ib,…
