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Raytheon Prevails Over ATK In Excalibur Ib Competition

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By Ann Roosevelt Raytheon [RTN] won the $23 million Army cost-plus incentive fee contract over ATK [ATK] for the next phase of the Excalibur Ib 155mm artillery shell. The work under the contract, released by the Defense Department Aug. 25, will be to finalize the next-generation 155mm precision-guided projectile's design and for design qualification. Delivery of the Excalibur Ib rounds is projected to occur in 2012, with the contract expected to be completed by Sept. 30, 2013. It was almost…

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