PICATINNY ARSENAL, N.J. - The Joint Munitions and Lethality Life Cycle Management Command Acquisition Center here awarded the initial contracts totaling $20.7 million to begin the Excalibur Increment ...

The U.S. Army has awarded Raytheon (NYSE: RTN) a potential five-year, $95 million contract to provide engineering services the military branch’s extended-range guided artillery rounds. Raytheon’s ...

Defense equipments manufacturer Raytheon Company 's RTN business segment, Missile Systems, recently secured a modification contract for procuring Excalibur Precision 155-mm Projectiles. Work related ...

CORRECTION: A previous version of this post misstated the cost of an Excalibur 155mm guided round. A round plus the container is sold to the U.S. Army at about $70,000 per round. THE PENTAGON — The ...

Using a combination of Global Positioning System satellites and laser-guidance, soldiers calling in precision artillery strikes may soon be able to change their targets as the shells travel through ...

From taking out top al-Qaida operatives to safely firing within 50 meters of dismounted infantrymen, the Picatinny Excalibur projectile is already paying dividends a year after its initial fielding to ...

U.S. soldiers and Marines have fired Raytheon’s Excalibur guided artillery shell more than 1,000 times in land combat in Iraq and Afghanistan. Now, Tucson-based Raytheon Missile Systems is vying to ...

RTX Corporation’s RTX business segment, Raytheon Missiles & Defense (“RMD”), recently clinched a modification contract for procuring 155mm projectiles. The award has been offered by the Army ...

Smart bombs. Laser-guided missiles. Actual laser guns. The weapons that America's defense contractors churn out often seem like the stuff of science fiction. The platforms that deploy them, too, sound ...