The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $39.6 million contract for Fiscal Year 2012 production and delivery of the AIM-9X Block II infrared-guided air-to-air missile. The contract, which modifies a previously awarded contract, was announced on Jan. 31 by the Department of Defense.
About the AIM-9X Block II
The AIM-9X Sidewinder is an infrared-guided air-to-air missile that has demonstrated capability in the surface-to-air and air-to-surface missions. The AIM-9X Block II adds a redesigned fuze and electronics along with other enhancements to the AIM-9X Block I.
Source: Raytheon Corporation (NYSE: RTN)
Date: Feb 6, 2012