Raytheon has received a $31.8 million contract from the US Army to manufacture and supply 464 Excalibur Ib extended-range precision projectiles, the company announced on 16 February.
Excalibur is a precision-guided, extended-range projectile that uses GPS guidance to provide accurate, first-round effects against targets at long ranges. It has been in full-rate production since mid-2014.
Duane Gooden, vice president, land warfare systems, Raytheon, said: ‘There is growing demand in the international market for Excalibur's accurate, first-round effects capability. Raytheon has also funded an internal development programme aimed at bringing Excalibur's unprecedented capabilities to the maritime domain.’
Raytheon is developing Excalibur N5, a 127mm variant for the US Navy. The N5 uses Excalibur Ib’s guidance and navigation unit and 99% of the Ib system's software.