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Raytheon Wins $190M Air Force Deal for Reaper Drone Targeting System

Raytheon Co. (NYSE: RTN) has won a $191 million U.S. Air Force contract to provide 149 multispectral targeting systems for the branch’s General Atomics-built MQ-9 Reaper unmanned aerial vehicles. The company will begin delivering the systems in January 2013 and also provide support systems and spares, according to a Tuesday company announcement. Raytheon... 

Lockheed To Provide Army Sight Systems For Hellfire Missiles

Lockheed Martin Corp. (NYSE: LMT) has won a $47,586,369 million contract to provide the U.S. Army with 18 target sight systems and data, the Defense Department announced Monday. AN/AAQ-30 systems track and identify targets, support laser-guided weapons and provide passive targeting for integrated weapons such as Hellfire missiles. The Pentagon said the... 

Lockheed, Air Force to R&D Sensor, Radar Target Seeker for Weapons Systems Integration

Lockheed Martin (NYSE: LMT) has signed a five-year cooperative research and development agreement with the U.S. Air Force Research Laboratory‘s munitions directorate to test if its cooled tri-mode seeker can integrate into Air Force weapon platforms. R&D will assess tri-mode weapon capabilities, emerging targeting concepts and guidance techniques. Lockheed’s... 
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