The Air Force awarded Raytheon $45.5 million for the service’s Fiscal 2005 procurement of Paveway II laser guided bomb kits. The Paveway kits transform conventional bombs into precision guided weapons and were successfully deployed on 8,700 bombs dropped in Operation Iraqi Freedom.
A legislative standoff has led to a lapse in a $4.26 billion small business innovation contracting program widely used by the Air Force and could spell the end of it entirely, industry sources warned Air & Space Forces Magazine.


