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 Air Force said May 4 it has approved the T-7A Red Hawk trainer aircraft to move into low-rate production and awarded Boeing a $219 million contract to start building the first 14 production jets.