Lockheed and Raytheon receive Paveway II contract extension

May 10, 2016 1:53 PM

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Lockheed Martin and Raytheon receive five-year contract extension for Paveway II production.

WASHINGTON, May 10 (UPI) -- The U.S. Air Force announced Monday that a $650 million contract extension for Paveway II laser-guided bomb production had been awarded to Lockheed Martin Missiles and Fire Control and Raytheon Missile Systems.

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