Jordan to Acquire Raytheon's TOW Missiles

Jordan's Ministry of Defence has signed an agreement with the U.S. Department of Defense to acquire tube-launched, optically tracked, wireless-guided, or TOW, missiles made by Raytheon Company (NYSE: RTN). Raytheon will begin deliveries this year.

"Our international partners rely on the kind of extended-range precision TOW provides," said Scott Speet, Raytheon TOW program director. "We're looking forward to providing them this capability for many years to come."

TOW is in service in more than 40 international armed forces and integrated on more than 15,000 ground, vehicle and helicopter platforms worldwide. Raytheon has delivered more than 690,000 TOW missiles to U.S. and allied warfighters. The TOW weapon system will be in service with the U.S. military beyond 2025.

Related Research on ASDReports.com:

Global Military UAV Market Forecast to 2022

About TOW
TOW, the tube-launched, optically-tracked, wireless-guided weapon system, with the multi-mission TOW 2A, TOW 2B Aero and TOW Bunker Buster missiles, is the premier long-range, precision, anti-armor, anti-fortification weapon system used throughout the world today.

Source: Raytheon Corporation (NYSE: RTN)
Date: May 10, 2016