U.S. Army Awards Raytheon-Boeing Team $125 Million Contract for Joint Air-to-Ground Missile

Raytheon Company and The Boeing Company have received a $125 million U.S. Army contract for the Joint Air-to-Ground Missile (JAGM) program. The contract funds a 27-month technology development program to develop and fire three prototype missiles with fully integrated tri-mode seekers. The Raytheon-Boeing JAGM team brings mature, advanced seeker and missile technologies to the program. The team also has decades of fixed-and rotary-wing integration expertise.