Raytheon Co. (RTN) Friday said it has been awarded a contract, worth $254.6 million, by the U.S. Navy for procuring the Tomahawk Block IV tactical cruise missiles for fiscal year 2013.
Raytheon will build and deliver Tomahawk Block IV cruise missiles, beginning in 2013, and will also conduct flight tests and provide life-cycle support.
The new Tomahawk Block IV missile includes a two-way satellite data-link that enables a strike controller to redirect the missile in-flight to preprogrammed alternate targets or more critical targets.
"Tomahawk Block IV enables the warfighter to precisely engage heavily defended and high-value targets from extremely long distances, which is critical to maintaining national security," said Capt. Joe Mauser, U.S. Navy Tomahawk program manager.
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