Raytheon Collaborating with Nordic Defense Firm to Bolster Missile Supply

Raytheon Company (NYSE: RTN) and Norwegian defense company NAMMO are qualifying an alternate rocket engine for the AIM-120 advanced medium-range air-to-air missile. The new motor will be interchangeable with the AMRAAM propulsion system and will maintain the same performance as the current one.

The U.S. Air Force is financing some nonrecurring costs associated with the qualification program.

“A second source of rocket motors ensures Raytheon will meet its commitment to the U.S. and allied warfighter by providing an uninterrupted supply of the world’s most capable beyond-visual range air-to-air missile, ” said Harry Schulte, vice president of Raytheon Missile Systems’ air warfare systems product line. “Our partnership with NAMMO leverages Raytheon’s decades of experience partnering with European businesses to build and deliver reliable and capable systems.”

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