Raytheon Out Of Army’s Precision Strike Missile Competition
Raytheon [RTN] is out of the Army’s Precision Strike Missile (PrSM) prototyping program following the service’s decision to not provide the company with additional funding, leaving Lockheed Martin [LMT] as the sole competitor. “The Army made a decision not to provide additional funding to Raytheon at this time. Raytheon’s current period of performance ended on […]
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