Jordan to acquire Raytheon's TOW missiles

AMMAN, Jordan, May 10, 2016 /PRNewswire/ -- Jordan's Ministry of Defence has signed an agreement with the U.S. Department of Defense to acquire tube-launched, optically tracked, wireless-guided, or TOW, missiles made by Raytheon Company (NYSE: RTN). Raytheon will begin deliveries this year.

"Our international partners rely on the kind of extended-range precision TOW provides," said Scott Speet, Raytheon TOW program director. "We're looking forward to providing them this capability for many years to come."

TOW is in service in more than 40 international armed forces and integrated on more than 15,000 ground, vehicle and helicopter platforms worldwide. Raytheon has delivered more than 690,000 TOW missiles to U.S. and allied warfighters. The TOW weapon system will be in service with the U.S. military beyond 2025.

About TOW
TOW, the tube-launched, optically-tracked, wireless-guided weapon system, with the multi-mission TOW 2A, TOW 2B Aero and TOW Bunker Buster missiles, is the premier long-range, precision, anti-armor, anti-fortification weapon system used throughout the world today.

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, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Visit us at www.raytheon.com and follow us on Twitter @Raytheon.

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SOURCE Raytheon Company

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