Friday, June 12, 2009

Raytheon Begins Testing Upgraded Laser-Guided Maverick Missile Components

Raytheon Begins Testing Upgraded Laser-Guided Maverick Missile Components
June 12, 2009

PARIS, -- Raytheon Company (NYSE: RTN) is testing key components that will be used in the AGM-65E2, the U.S. Air Force's newest variant of the laser-guided Maverick missile.

The laser-guided Maverick missile is a direct-attack, air-to-ground precision munition used extensively by the U.S. Air Force, Navy and Marine Corps in ongoing combat operations.

The newest variant of the missile, the AGM-65E2, will have an enhanced-laser seeker and new software, reducing the risk of collateral damage and enabling aircraft to use their onboard lasers to designate a target.

"In my opinion, the warfighter needs this weapon, because it is ideally suited for urban combat and high-speed maneuvering targets," said Col. Michael Holbert, commander of the U.S. Air Force's 84th Combat Sustainment Wing. "We look forward to putting this very capable weapon into the hands of U.S. warfighters and also into the hands of our international partners."

The AGM-65 Maverick family of precision-attack missiles is used by the air, naval and marine forces of 33 countries. More than 69,000 missiles have been produced to date, and more than 6,000 have been used in combat with a 93 percent kill rate.

"Maverick has a long history of on-time deliveries with proven performance," said Darryl Kreitman, Raytheon's Maverick program director. "Because Maverick is integrated on more than 25 aircraft and is combat proven, it offers a best-value solution for the warfighter who needs a direct-attack weapon."

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