Raytheon Delivering Wireless TOW Missiles to US Army

Advanced weapon defeats armored and wheeled systems

Raytheon Company (NYSE: RTN) will deliver additional tube-launched, optically tracked, wireless-guided missiles for the TOW® weapon system under a $101 million U.S. Army contract announced by the U.S. Department of Defense on May 10, 2019. The weapon system transitioned to wireless guidance in 2010 and is being produced for the Army, U.S. Marines and international customers.

The TOW weapon system, with the multi-mission TOW 2A, TOW 2B Aero and TOW Bunker Buster missiles, is a long-range, heavy assault-precision anti-armor, anti-fortification and anti-amphibious landing weapon system used throughout the world.

"TOW gives soldiers the upper hand in battle," said Sam Deneke, Raytheon Land Warfare Systems vice president. "The system easily defeats opponents at long range in main battle tanks, fortified bunkers or moving armored vehicles."

The TOW missile will remain in the Army's inventory until at least 2034. Raytheon has delivered over 700,000 TOW weapon systems to U.S. and allied forces.

Source: Raytheon Corporation (NYSE: RTN)
Date: Aug 21, 2019