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Raytheon-Lockheed Martin Joint Venture Delivers First Javelin Lightweight Command Launch Units to US Army

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RTX (RTX) unit Raytheon's joint venture with Lockheed Martin (LMT), the Javelin Joint Venture, has delivered the first lightweight command launch units to the US Army, RTX said Tuesday.

The new product is a next-generation launcher for the Javelin weapon system and replaces its legacy command launch unit, the company said.

Raytheon has invested $22 million to date to upgrade the factory producing the launcher and boost production speed and capacity, according to a statement.

Price: $177.09, Change: $+0.08, Percent Change: +0.05%

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