US Air Force selects Raytheon as Long-Range Standoff Weapon sole-source contractor

[F-22Raptor]

The Air Force has decided to proceed with Raytheon as the sole-source prime contractor for the Long-Range Standoff Weapon, the service announced April 17. Raytheon and Lockheed Martin have been maturing designs for the nuclear cruise missile program under separate agreements -- each worth about $900 million -- that the Air Force awarded in August 2017. Both companies passed system-level program design reviews in December and were expected to continue their work as prime contractors until the program...

https://insidedefense.com/daily-new...-range-standoff-weapon-sole-source-contractor