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

By Sara Sirota / April 20, 2020 at 10:47 AM
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 starts engineering...

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