Raytheon beats MBDA-Boeing team in U.K.'s Precision Guided Bomb contest

The U.K.'s Ministry of Defence (MOD) said June 12 that it has chosen Raytheon Co. over a team of MBDA and Boeing to meet a Royal Air Force requirement for a new Precision Guided Bomb. Raytheon now will negotiate with the MOD for the contract, according to Mike Brown, a spokesman for London-based...

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