Raytheon Company (NYSE: RTN) fired two precision-guided projectiles from a Paladin gun system during the first guided flight test of the Raytheon Excalibur Ib program.
The Excalibur Ib is a precision-guided artillery projectile based on Raytheon's combat-proven Excalibur 1a. The tests demonstrated how the new base design, changes to the Excalibur Ia warhead, fuzing and control actuation system work together to simplify the design, reducing round production costs and increasing system reliability.
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