The TOW weapon system will be in service with
the U.S. and allied forces beyond 2050
TUCSON,
Ariz., Oct. 23, 2024 /PRNewswire/ -- Raytheon, an
RTX (NYSE: RTX) business, was awarded $676
million to continue manufacturing the tube-launched,
optically-tracked, wireless-guided TOW® weapon system for the U.S.
Army. The two separate awards comprise an annual production
contract for $430 million in fiscal
year 2023 and an additional $246
million award in 2024.
"Our TOW production line is active, and we can manufacture up to
10,000 missiles annually," said Tom
Laliberty, president of Land and Air Defense Systems at
Raytheon. "This combat-proven effector is ready to meet current and
future anti-tank guided missile requirements for the US Army,
Marines Corps, and land forces across the globe."
Raytheon continues to improve TOW's design with modernized
fuzing and target detection. These upgrades were recently
demonstrated in successful Fly-To-Buy lot acceptance tests of the
latest TOW 2B variant of the
missile.
The modernized fuzing and target detection updates provide
warfighters unparalleled capability, maintaining the fastest target
engagement time in the segment. This allows TOW to support and
excel during complex urban engagements with varied targets of
interest while maintaining superior ATGM capability as primary
mission.
Additionally, improvements to the overall missile design and
packaging will help meet the latest military environmental
requirements to support evolving logistical and terrain challenges.
This testing milestone ensures TOW users around the world have the
latest and most effective weapon system for their deterrence and
defensive needs.
To date, Raytheon has delivered more than 700,000 TOW weapon
systems to U.S. and international armed forces. Since 2003, the TOW
missile system has been used in combat 11,000 times, and the
Department of Defense has provided Ukraine with approximately 13,000 TOW
missiles.
TOW is compatible with a variety of manned and unmanned
vehicles, including the High Mobility Multipurpose Wheeled Vehicle,
Stryker anti-tank guided missile vehicle, Bradley Fighting Vehicle,
and numerous light armored vehicles. Work under these contracts
will take place in Tucson,
Arizona.
About Raytheon
Raytheon, an RTX business, is a
leading provider of defense solutions to help the U.S. government,
our allies and partners defend their national sovereignty and
ensure their security. For more than 100 years, Raytheon has
developed new technologies and enhanced existing capabilities in
integrated air and missile defense, smart weapons, missiles,
advanced sensors and radars, interceptors, space-based systems,
hypersonics and missile defense across land, air, sea and
space.
About RTX
With more than 185,000 global employees, RTX
pushes the limits of technology and science to redefine how we
connect and protect our world. Through industry-leading businesses
– Collins Aerospace, Pratt & Whitney, and Raytheon – we
are advancing aviation, engineering integrated defense systems, and
developing next-generation technology solutions and manufacturing
to help global customers address their most critical challenges.
The company, with 2023 sales of $69
billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact
corporatepr@rtx.com
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SOURCE RTX
