Raytheon-Boeing team wins missile contract

A team made up of Raytheon Co. and Boeing Co. was awarded a $125 million US Army contract for a joint air-to-ground missile program, Raytheon, the Waltham-based defense contractor, said today.

The contract funds a 27-month technology development program to develop and fire three prototype missiles with fully integrated tri-mode seekers, Raytheon said, and the joint air-to-ground missile program aims to produce "a single missile solution for rotary- and fixed- wing platforms and unmanned aircraft. It is designed to defeat moving and stationary targets at extended ranges in all weather conditions."
(By Chris Reidy, Globe staff)