Tag Archives: precision-guided munition

Report: Saudi Arabia to Buy $7B in Precision-Guided Munitions From Raytheon, Boeing

Saudi Arabia will purchase precision-guided munitions from Boeing (NYSE: BA) and Raytheon (NYSE: RTN) under an agreement worth approximately $7 billion, Reuters reported Thursday. Sources told Reuters the proposed deal was part of a potential $110 billion package of weapons sales agreements that President Donald Trump and Saudi King Salman …

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CGI Lands $92M in Army Contracts for Aviation & Missile Command Support Services

CGI (NYSE: GIB) has received multiple contracts worth $92.5 million combined to provide support services for four initiatives of the U.S. Army Aviation and Missile Command. The company said Wednesday it will provide software development and acquisition process services for the Multiple Launch Rocket System Precision Guided Munitions program in …

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Raytheon Lands $200M Int’l Laser-Guided Bomb Contract; Richard Daniel Comments

Raytheon‘s (NYSE: RTN) U.K. subsidiary will deliver $200 million worth of Paveway IV bombs to an unidentified international customer, the first sale of the weapon outside Britain. “This contract is an export boost to the U.K., ” Richard Daniel, Raytheon UK CEO, said Friday. The precision-guided Paveway bombs use laser and GPS …

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