Raytheon, an RTX enterprise, has been awarded a $676 million contract to proceed manufacturing the Tube-launched, Optically-tracked, Wi-fi-guided (TOW) missile system for the U.S. Military, in accordance with an announcement from the corporate.
The contract consists of $430 million for manufacturing in fiscal yr 2023 and a further $246 million in 2024.
Tom Laliberty, President of Land and Air Protection Techniques at Raytheon, highlighted the manufacturing scale, stating, “Our TOW manufacturing line is lively, and we are able to manufacture as much as 10,000 missiles yearly. This combat-proven effector is able to meet present and future anti-tank guided missile necessities for the U.S. Military, Marine Corps, and land forces throughout the globe.”
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The TOW system, used globally by the U.S. and allied forces, has undergone current design updates aimed toward enhancing its fuzing and goal detection. The enhancements had been efficiently demonstrated within the newest acceptance exams of the TOW 2B variant, designed to have interaction and defeat armored threats effectively.
Laliberty famous that these updates enhance the system’s capabilities in complicated environments, reminiscent of city terrain, by enabling sooner goal acquisition and engagement.
The TOW missile system, appropriate with numerous manned and unmanned platforms just like the Excessive Mobility Multipurpose Wheeled Car (HMMWV), Bradley Preventing Car, and Stryker, continues to be a key anti-armor instrument in army operations. Since 2003, the TOW system has been employed in fight over 11,000 instances, and the U.S. Division of Protection has supplied Ukraine with roughly 13,000 TOW missiles.
The most recent contract ensures Raytheon’s dedication to refining and delivering this combat-proven know-how to fulfill trendy protection challenges, because the U.S. army and allied forces proceed to adapt to evolving threats. Manufacturing beneath these contracts will happen at Raytheon’s services in Tucson, Arizona.
