Raytheon gets $80M Navy contract to build 200 missiles

Raytheon Co., a defense and aerospace technology giant, recently won an $80.5 million contract with the U.S. Navy for the procurement of its Joint Stand-Off Weapon (JSOW) missiles, which are a group of air-to-ground weapons that use an integrated GPS navigation system and terminal imaging infrared seeker, which guides the weapon to the target. (Read more)