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Raytheon Company Awarded Contract with U.S. Air Force for Paveway(TM) II Laser Guided Bomb

Raytheon Company has been awarded a $31.6 million U.S. Air Force contract for Paveway(TM) II laser guided bomb (LGB) components. Raytheon will provide the Air Force with LBG computer control groups and air foil groups that transform "dumb" bombs into precision guided munitions.

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