Javelin JV awarded US$176 million for Javelin Weapon System

The Raytheon Company and Lockheed Martin Javelin Joint Venture received a US$176 million contract for the production and delivery of 842 Block I Javelin missile rounds and 120 command launch units (CLUs).

The contract was awarded to the Javelin Joint Venture in September.

The missiles will be provided through the US government to the US Army, US Marine Corps and three international customers: Oman, Jordan and Indonesia.

Funded with Special Defence Acquisition Funds, the CLUs will be delivered to the US Army beginning October 2014.