Raytheon Restarts Production of Laser-guided Maverick for US Air Force, Navy

After more than two decades, Raytheon Company RTN -0.64% has formally restarted production of the laser-guided Maverick missile, with the first weapon expected to be delivered to the U.S. Air Force in late 2012. Production began following a rigorous U.S. Air Force and Navy Developmental Testing/Operational Testing program that culminated in a production contract in late 2011.

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