Jay Clemens
Raytheon UK has won a potential $247 million order for its precision-guided bomb from the government of Saudi Arabia, Defense News reported Tuesday.
Andrew Chuter writes that Congress has approved export of the Paveway IV to the Middle Eastern country as the first foreign customer of the precision-guided bomb.
John Michel, weapons business director at Raytheon UK, told Defense News that the contract was inked in December and approved by Congress in February.
Michel also told the publication that the weapons will be built over the next two years and that the first bombs will be delivered in 18 months.
Michel said the company expects to receive orders from other customers such as Oman following the U.S. congressional approval for the Paveway IV export, Defense News reports.
The company has already delivered 4,000 Paveway bombs to the British military, according to Defense News.
