Raytheon gets contract for Lot 12 AMRAAM production

Raytheon Co. has won a $168 million U.S. Air Force contract to build 554 AIM-120 Advanced Medium-Range Air-to-Air Missiles under a long-term price agreement hammered out last year. The total value of the contract for production of Lot 12 missiles will reach $243 million, the Air Force said. The long...

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