Raytheon secured $375 million contract to develop miniature self-defense missile
Raytheon has emerged as the winner to develop a miniature self-defense missile to defend U.S. military aircraft from incoming missile attacks.
The Massachusetts headquatered company was given a $375 million contract by the Pengtaon on Jul. 21 for the research and development of a flight-test ready missile.
The Pentagon added that two bids were received, meaning Lockheed Martin did not get the contract.
Back in 2016, Raytheon had been given $14 million to work on the Miniature Self-Defense Munition (MSDM), a miniaturized weapon for “close-in platform self-defense and penetration into contested A2AD environment with little to no impact to payload capacity.”
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