Article: Raytheon Looks To Offer Paveway IV To United States, International Customers.(Raytheon will supply Paveway IV kits, 500-pound bombs and fuzes for Britain's Royal Air Force (RAF) and Royal Navy)

By Neil Baumgardner

Following its selection yesterday by Britain's Ministry of Defence for a contract expected to be worth $175 million to meet the country's long-term precision guided bomb (PGB) needs, Raytheon [RTN] is looking to offer the Paveway IV in the world-wide market for low-cost all-weather PGBs, including the United States, according to company officials.

"We see Paveway IV being a very competitive product in that market, the international market, but also in the United States as well," Dean Mason, the business manager for weapon systems for Raytheon Systems Limited in Britain, yesterday told Defense Daily during a telephone interview.

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