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.
The Space Force has finalized a major reorganization of its acquisition structure, creating nine mission area-focused portfolio acquisition executives with broad authority over the service’s development and procurement programs.