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Raytheon Unseats Boeing In SDB II Contract Win

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By Marina Malenic The Air Force Miniature Munitions Support Group at Eglin AFB, Fla., has awarded Raytheon [RTN] a $450.8 million contract to build Small Diameter Bombs (SDB) under increment II of that program over a bid from a Boeing [BA]-Lockheed Martin [LMT] team. SDB II is a joint Air Force and Navy program. The weapon is a precision-strike standoff munition designed to defeat moving and fixed targets in adverse weather conditions. Air Force officials were planning as late as…

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