$113 million missile contracts

Raytheon has won four contracts worth a total of $113 million to provide the US Army and Navy with missile systems and services.

The defence company will supply US Army Aviation and Missile Command with $65 million of engineering services for the Patriot Missile, long-range, anti-tank TOW 2B Aero Generation 2 Missiles worth $20.1 million and a $13.5 million upgrade to its work for the Patriot missile support centre.

Raytheon Missile Systems also won a $14.9 million contract for work on a software project for AIM-9X Missiles on the F-16 Aircraft for the US Navy.