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Raytheon Nabs $34M for Laser-Guided Missile
May 2010
AMMAN, Jordan, May 10, 2010 — Raytheon Co., headquartered in Waltham, Mass., has been awarded $34.4 million by the United States Air Force to continue design work on the AGM-65E2/L laser-guided Maverick missile, the newest variant of the Maverick. The contract requires Raytheon to develop, integrate and test the missile's guidance and control section.

"The laser-guided Maverick is an ideal weapon for urban combat and high-speed maneuvering targets," said Harry Schulte, vice president of Raytheon Missile System's Air Warfare Systems product line. "The combat-proven Maverick is integrated on more than 25 aircraft in 33 nations, and we hope to have the newest addition to the Maverick family available for export soon."

The laser-guided Maverick will have an enhanced laser seeker and new software, reducing the risk of collateral damage and enabling aviators to use onboard aircraft lasers to designate targets.

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AGM-65E2/LAir Warfare Systems product lineAmericasBusinessdefenseHarry Schultehigh-speed maneuvering targetsimaginglaser seekerlaser-guided maverick missilelasersMassachusettsMiddle Eastonboard aircraft lasersRaytheonurban combatUS Air Force

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