Pace of decline slows, but Stockholm International Peace Research Institute (SIPRI) reports that sales have dropped for a third consecutive year.
The Excalibur S 155 round from Raytheon is engineered to switch from GPS guidance to semi-active laser technology while in flight.
A total of 500 TV-guided AGM-65A/B Maverick air-to-surface missiles will be converted to the laser-guided AGM-65E2 configuration.
The Rolling Airframe Missile (RAM) system Block 2 variant features enhanced kinematics, an evolved radio frequency receiver and an improved control system
The Miniaturized Airborne GPS Receiver 2000 from Raytheon exceeded technical requirements during a recent test from the U.S. Air Force.
The second-generation Standard Missile-3 Block IB manufactured by defense contractor Raytheon has been deployed by the Navy.
Defense contractor Raytheon is currently working on the BGM-176B, a longer-range variant of the Griffin missile system.
The U.S. Navy is set to christen its new highly sophisticated drone-like guided-missile destroyer, USS Zumwalt, on April 14
Qatar has announced a string of deals with US defense contractors worth an estimated $7.6 billion at the annual DIMDEX expo.
Defense contractor Raytheon has delivered its ninth AN/TPY-2 ballistic missile defense radar to the Missile Defense Agency.
Defense contractor Raytheon has been awarded a $655 million contract to produce additional units of the Patriot Air and Missile Defense System for Kuwait.
Defense contractor Raytheon has signed a $123 million contract to deliver nine Phalanx Block 1B Close-In Weapon Systems to the South Korean Navy.