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Raytheon awarded a $52 Million TOW Production Contract

Oct. 21 – The U.S. Army has awarded Raytheon Company a $52 million fiscal year 2002 production contract for the Tube-launched, Optically tracked, Wire-guided (TOW) missile.

The TOW 2 with the multi-mission TOW 2A and TOW 2B missiles is the premier anti-armor/anti-bunker/anti-fortification weapon system throughout the world today. Current versions of TOW include the direct fire TOW 2A and top attack TOW 2B missiles. TOW is in use worldwide on ground and helicopter platforms in more than 45 countries. The contract calls for 1,689 TOW 2A, TOW 2B and practice missiles for Israel, Jordan, Luxembourg, Japan and Spain via Foreign Military Sales (FMS). Work will be performed at Raytheon’s Missile Systems business unit in Tucson, Ariz., and is expected to be complete about August 2004. These missiles previously had been limited to a maximum range of 3.75 kilometers due to the length of the guidance wire. However, Raytheon and the U.S. Army have demonstrated extended range variants of both TOW 2A and TOW 2B, as well as a wireless TOW variant.