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Army Taps Raytheon-Saab Team to Demo Guided Munition Platform

TYSONS CORNER, VA, October 9, 2018 — A team comprised of Raytheon (NYSE: RTN) and Saab will demonstrate a new guided munition platform for the man-portable, shoulder-launched Carl-Gustaf weapon system under a contract awarded by the U.S. Army, ExecutiveBiz reported Monday.

Raytheon said Friday the team is planning to conduct test firings against threat-representative targets in 2020 as part of efforts to deliver an updated multirole weapon to the U.S. Special Operations Command.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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