Defense technology company Raytheon has been awarded an additional $80.5 million to a previously awarded contract from the US Navy for the purchase of 200 full rate production Lot 10 AGM-154C-1 Joint Standoff Weapons.
Joint Standoff Weapons, or JSOWs, are low-cost, air-to-ground weapons that use an integrated GPS-inertial navigation system and terminal imaging infrared seeker, according to Raytheon. “The contract also includes associated support equipment and one performance characterization test,” said the official statement from the company.
The work will take place in different locations in Texas, Arizona, Iowa and Oklahoma and is expected to be completed in August 2016.
Raytheon has been in business for over 90 years. The company designs and develops technology for defense and security clients globally with 68,000 employees worldwide.