After more than two decades in mothballs, Raytheon (RTN) formally restarts production of its...


After more than two decades in mothballs, Raytheon (RTN) formally restarts production of its laser-guided Maverick missile, with the first weapon expected to be delivered to the U.S. Air Force in late 2012. Production began following a rigorous U.S. Air Force and Navy Developmental Testing/Operational Testing program that culminated in a production contract in late last year. Shares +0.2% AH.

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