The Defense Department today marked a major milestone in the race against China and Russia to field hypersonic weapons, furnishing Raytheon with a nearly $1 billion commitment to design, develop and deliver a new class of ultra-fast, maneuvering munition for U.S. fighter aircraft: a hypersonic cruise missile. The Air Force awarded Raytheon Missiles and Defense, Tucson, AZ, the development contract for the Hypersonic Attack Cruise Missile, executing a $985 million cost-plus-fixed-fee with performance incentives task order. The decision formally bumps...
