TYSONS CORNER, VA May 20, 2015 — ExecutiveBiz reported Tuesday on Raytheon (NYSE: RTN) completing Milestone C of the U.S. Air Force’s multimode seeker Small Diameter Bomb II after completing functional configuration, system verification and production readiness checks.
Raytheon said Monday the $700 million SDB II program would soon be cleared for low rate initial production following the Milestone C achievement.
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