Raytheon’s new precision artillery ready for low-rate initial production

ABU DHABI, United Arab Emirates, Feb. 20, 2013 /PRNewswire/ – Raytheon Company (NYSE: RTN) received a U.S. Army fiscal year 2012 contract for the production of Excalibur Increment Ib precision-guided projectiles. The $56.6 million contract, awarded in December, marks the start of…

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