US Air Force awards Raytheon $170 million contract for Infrared-Guided Maverick missiles
The US Air Force awarded Raytheon Company a $170 million Foreign Military Sales contract to produce AGM-65D and AGM-65G2 infrared-guided Maverick air-to-surface missiles for the United Arab Emirates.
The AGM-65 Maverick family of precision-attack missiles is used by the air, naval and marine forces of 33 countries. More than 69,000 missiles have been produced to date, and more than 6,000 have been used in combat with a 93 percent success rate.
"Raytheon's Maverick is an affordable, combat-proven missile integrated on more than 25 aircraft with a history of on-cost and on-schedule delivery," said Harry Schulte, vice president of Raytheon Missile System's Air Warfare Systems' product line. "While the Maverick family is a best-value solution for the warfighter who needs a direct-attack weapon, the infrared-guided Maverick is ideally suited to counter high-speed maneuvering sea targets such as swarming boats."
Raytheon will build and provide life-cycle support for more than 500 new missiles. The company began production of the missile's IR guidance and control sections in November 2008.
Source: Raytheon
More from Defence Notes
-
What the future holds for Ukraine and NATO under a Trump administration
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
-
RUSI deputy: UK needs longer procurement plans and improved awareness of US sift to Indo-Pacific
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
-
Australia outlines longer punch and brings local industry onboard
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
-
UK boosts defence budget by 5.3%, but is this enough?
The UK budget announced in Parliament on 30 October is the first by a Labour government in 14 years. While it sees a boost in defence spending, this comes in the face of fiscal challenges and the effects of inflation.
-
UK makes big moves to fix “broken” defence procurement system ahead of major review
The changes are intended to meet greater need and deliver more value for money.
-
US companies invest in production capabilities to satisfy DoD’s hunger for cutting-edge capabilities
BAE Systems, Booz Allen Hamilton and Lockheed Martin have been betting on new facilities and innovative manufacturing technologies to speed up the development of new solutions.