Raytheon was awarded a modified contract from the U.S. Army for M982 Excalibur projectiles.

The terms of the deal were made public in a press statement released Thursday by the Department of Defense. The contract is worth more than $70.6 million.

The M982 Excalibur is a 155mm, extended range, GPS-guided artillery shell. It's commonly used in indirect fire support missions within 500 feet.

Work on the contract will occur in several states in the United States, Sweden and the United Kingdom, and is expected to be completed by January 2020, according to the Pentagon press release.

More than $70.6 million from U.S. Army other procurement funds from fiscal year 2016 and 2018 will be obligated to Raytheon at the time of award, according to the release.

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US military imagines war without GPS
Washington (AFP) Dec 19, 2017
With GPS-guided bombs, armed drones beaming footage via satellite and spy cameras scooping up intel from the heavens, America's military machine is growing ever more reliant on space-based technology. But what would happen if an enemy were to target the military's satellites, or somehow jam their signals? The disastrous scenario is one the Pentagon knows all too well could happen, and fo ... read more

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