OREANDA-NEWS. Raytheon Company (NYSE: RTN) will offer a new missile design to meet the U.S. Army's Long-Range Precision Fires (LRPF) requirement to replace current army tactical missile system weapons.

"Our LRPF design will provide the U.S. Army with double the combat power of its ground launchers by utilizing a new design that fits two missiles in a single launcher pod -- increasing effectiveness at a fraction of the cost of the current weapon," said Dr. Thomas Bussing, Raytheon vice president of Advanced Missile Systems. "Advances in propulsion will enable LRPF to fly faster over longer distances -- approximately 500 kilometers -- to defeat fixed land targets. This is the definition of overmatch against future threats."

Raytheon will design LRPF to integrate with the M270 MLRS and M142 HIMARS rocket launchers. The new missile's range and speed will provide U.S. Army combat units to engage targets over vast geographic space in a high-threat environment.

About Raytheon LRPF
LRPF is intended to replace current weapon systems, increasing combat power by doubling the launch pod load-out and engaging targets at approximately 500 kilometers in a faster and more affordable way than current weapons.

About Raytheon
Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass.