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Raytheon Sees Leaner, More Affordable Excalibur Rounds For Next Increment

By Marina Malenic Responding to the Army's call for cheaper precision artillery rounds, Raytheon [RTN] says it is significantly redesigning its Excalibur 155mm GPS- guided munition for the competition the service is holding for the next-increment contract. "One thing we've managed to do in the 1-b competition [for the next phase of Excalibur] is to reduce the parts count in the round by greater than 50 percent," David Brockaway, Raytheon's business development manager for the munition, told Defense Daily in…

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