If the UK Ministry of Defence selects Raytheon's approach for its BVRAAM
requirement, the US and UK governments will work to develop a new missile that satisfies both governments' requirements.
Raytheon Systems Limited, a unit of Raytheon Company (NYSE:RTNA, RTNB) announced today it will offer the Extended Range Air-to-Air Missile Plus (ERAAMplus) as part of an unprecedented cooperative programme to develop the next generation air-to-air missile, known as BVRAAM (Beyond Visual Range Air-to-Air Missile).
The BVRAAM and AMRAAM P3I programme provides a long-term partnership that will allow the U.
McKee noted that Raytheon's BVRAAM approach saves at least 450 million British Pound Sterling and could create or sustain over 3,000 jobs in the U.
initially with 62 percent of development, production and jobs for the MoD BVRAAM procurement and give the U.