The Air Force has awarded a $2 billion contract to Raytheon Missiles and Defense to engineer and develop the Long Range Standoff weapon system, the service’s next-generation air-launched nuclear missile. The deal, announced July 1, is for the engineering and manufacturing development phase and is ...
Once the Raytheon AGM-181 Long-Range Standoff missile is operational, Lockheed Martin may play a role in upgrading its sensors or contributing other expertise even though the company was passed over to build the weapon, the Air Force said. The decision to focus on Raytheon for ...