Wednesday, August 31, 2016
US Army awards Raytheon Long Range Precision Fires risk mitigation contract
, /PRNewswire/ -- The U.S. Army has awarded Raytheon Company (NYSE: RTN) a risk-mitigation contract for the Long Range Precision Fires program. The new missile will replace the Army's aging inventory of long range, surface-to-surface missiles. Fired from mobile launchers, LRPF will fly farther, faster, and feature a new warhead.