Raytheon (NYSE: RTN) picked up a $32.4 million Navy deal for engineering and manufacturing development of the BRU-69/A Multi-Purpose Bomb Rack system.
According to the firm, “the MPBR will replace several bomb racks currently deployed on Navy aircraft. It will use pneumatic energy instead of an explosive charge to release the weapon from the rack. Advanced electronics built into the bomb rack will ensure the new system is compatible with current and future precision-guided weapons, or ‘smart bombs.'”
“Because of its low-maintenance, high-reliability design, the MPBR is expected to provide substantial life-cycle cost savings, compared with existing racks, ” said RTSC Customized Engineering and Depot Support Vice President Wayne Iurillo. “The single configuration for multiple stores will also be designed to significantly increase savings.”