The Air Force awarded Raytheon $45.5 million for the service’s Fiscal 2005 procurement of Paveway II laser guided bomb kits. The Paveway kits transform conventional bombs into precision guided weapons and were successfully deployed on 8,700 bombs dropped in Operation Iraqi Freedom.
The Space Development Agency says it’s on track to issue its next batch of missile warning and tracking satellite contracts this month after those awards were delayed by the Pentagon’s decision to divert funds from the agency to pay troops during this fall’s prolonged government shutdown.

