Raytheon receives $80.5 million Navy contract

Raytheon Company announced on Wednesday it was awarded a $80.5 million contract from the U.S. Navy to make Joint Standoff Weapon C-1's.

The JSOW C-1 missile is an improved version of the older JSOW C missiles. The JSOW C-1 missiles contain datalink radio and modified seeker software that will increase anti-surface warfare capability.

"With more than 400 JSOW A's employed in combat, this weapon has stood the tests of time," Harry Schulte, vice president of Air Warfare Systems for Raytheon Missile Systems, said. "Furthermore, the JSOW program has sustained on-time deliveries for 11 years while concurrently maintaining costs. The JSOW has a remarkable record of reliability, resourcefulness and accuracy."

Work on this contract is set to begin shortly and delivery of the new missiles is planned to begin in the second quarter of 2014. Most of the work is being done in the continental United States.

The JSOW family of missiles are low-cost, air-to-ground weapons that use GPS-inertial navigation systems and terminal imaging infrared seekers. The JSOW C-1 missiles adds in new features, helping them accurately strike a moving maritime target. The new JSOW C-1 missiles will also be used as anti-surface warfare solutions in the F/A-18 Super Hornet aircraft.

"JSOW C-1 enables the warfighter to precisely engage targets well beyond most enemy air defenses, thus limiting the threat of adversarial forces," Celeste Mohr, JSOW program director for Raytheon Missile Systems, said. "JSOW is exceptionally dependable and provides immeasurable value to the warfighter."

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