US Army Awards Raytheon $173 M Contract for Excalibur
Raytheon Co. received a $173 M US Army fiscal year 2010 contract for the production of Excalibur precision-guided projectile rounds for in-theater use. This contract marks the beginning of full rate production for Excalibur Ia-2.
Successfully fielded in 2007, Excalibur is a 155 mm precision-guided artillery round with extended range that is currently in use with the US Army and Marine Corps. Using GPS precision guidance technology, Excalibur provides first round fire-for-effect capability with accuracy well within 10 meters (32.8 feet) of its target. This accuracy protects warfighters in close proximity to the target and provides an unprecedented precision engagement capability.
Excalibur precision-guided projectiles give warfighters life-saving options when close air support is unavailable. With more than 300 rounds fired in theater, the US Army and Marine Corps have increased their use of Excalibur in the past year.
"Warfighters need Excalibur because it provides a level of precision they simply cannot get with other artillery rounds," said Col. Michael Hartig, US Army Fires Center of Excellence. "Excalibur's GPS precision makes it ideal in all terrain types, including urban settings and rugged terrain where our soldiers and Marines are close to the target."