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Raytheon books $106 M Paveway II contract

Raytheon Co. booked a $106 million contract for its combat-proven Paveway™ II family of precision-guided munitions. The company was awarded the direct commercial sale from an international customer. The contract includes Paveway kits for both GBU-12 (500lb) and GBU-58 (250lb) guided bombs. Paveway is a Raytheon-designed kit that transforms "dumb" bombs into precision-guided munitions.


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