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Raytheon to Pitch Fixed-Price Deal In Effort To Save SLAMRAAM

DDN

Wednesday, October 27th, 2010

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By Marina Malenic The prime contractor for a next-generation Army short-range air defense program is preparing to propose integration of a lower-cost alternative interceptor missile into the system to save it from termination. According to sources and documents, the Army has recommended that the Pentagon cancel acquisition plans for the Surface-Launched Advanced Medium-Range Air-to-Air Missile (SLAMRAAM) program. Raytheon [RTN] officials at the Association of the United States Army's annual meeting and exposition in Washington said they are planning to offer…

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