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Raytheon selected to Build New Nuclear Cruise Missile [ Trump has shares]

Raytheon to Build New Nuclear Cruise Missile ,  Arms Control Association, May 2020, By Kingston Reif

The U.S. Air Force announced last month that it plans to continue development of a new fleet of nuclear air-launched cruise missiles (ALCMs) with Raytheon Co. as the sole contractor.

“After an extensive evaluation of contractor programmatic and technical approach during…preliminary design reviews, the Air Force decided to focus on Raytheon’s design,” according to an April 17 service press release.

In August 2017, the Air Force awarded a $900 million contract to Raytheon and a $900 million contract to Lockheed Martin Corp. to proceed with development of the ALCM replacement, known as the long-range standoff (LRSO) weapon. (See ACT, October 2017.) The contracts were intended to cover a 54-month period of development after which the Air Force would choose one of the contractors to complete development and begin production.

The service’s rationale for focusing on one contractor roughly two years earlier than planned is unclear………The Trump administration is requesting $1.5 billio

May 5, 2020 - Posted by | politics, USA, weapons and war

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