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Monday, June 15, 2009

Raytheon Begins Testing Upgraded Laser-Guided Maverick Missile Components

Raytheon Company (NYSE: RTN) is testing key components that will be used in the AGM-65E2, the U.S. Air Force's newest variant of the laser-guided Maverick missile.

The laser-guided Maverick missile is a direct-attack, air-to-ground precision munition used extensively by the U.S. Air Force, Navy and Marine Corps in ongoing combat operations.

The newest variant of the missile, the AGM-65E2, will have an enhanced-laser seeker and new software, reducing the risk of collateral damage and enabling aircraft to use their onboard lasers to designate a target.

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