A new type of 120 mm precision-guided mortar round hit eight out of nine target areas during a recent U.S. Army-Raytheon Company (NYSE: RTN) cooperative research and development agreement demonstration.
The rounds made by an Israel Military Industries-Raytheon team hit short- and long-range targets, demonstrating greater range than current unguided 120 mm high-explosive mortar rounds in the U.S. Army's inventory.
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