The Army has awarded RTX, formerly Raytheon Technologies, a $276.5 million contract modification for the procurement of Excalibur 155mm projectiles.
The award meets an Army requirement for replenishing U.S. projectile stockpiles due to aid given to Ukraine by Presidential Drawdown Authority, according to an RTX statement.
“Through this contract, Raytheon will continue to support U.S. and allied customers with delivery of this critical capability,” the company said in the statement.
The Excalibur 155mm projectile provides precision indirect fires, increases lethality and reduces collateral damage, according to the Army. It also contains a jam-resistant internal GPS receiver.
The contract, announced by the Pentagon Aug. 30, has an estimated completion date of April 29, 2024. Work will be performed in the United States and Sweden, according to the notice.