USAF Awards Raytheon $96 M for MALD Missile Production

July 31, 2018

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Raytheon Company (NYSE: RTN) received a $96.1 million contract to produce 250 Miniature Air-Launched Decoys, or MALD® missiles . The U.S. Air Force award occurred just prior to Raytheon marking its 2,000 th MALD system delivery, and 10 th year of on-time customer deliveries.

The MALD system is an air-launched missile with both decoy and jamming capabilities that can electronically stimulate and then neutralize enemy air defense systems. Raytheon produces the MALD-J jamming variant, and is also developing a system for the U.S. Navy.

"MALD gives fighter pilots control of the skies, so they can stay out of harm's way," said Mike Jarrett , Raytheon Air Warfare Systems vice president. "We're at the leading edge of electronic warfare, to defeat the most advanced air defense systems."

The Air Force has completed aircraft integration and the Navy is planning to integrate the missile onto their fleet aircraft.

Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I TM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts . Follow us on Twitter .

Source : Raytheon Corporation (NYSE: RTN)

USAF Awards Raytheon $96 M for MALD Missile Production

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