Raytheon reports that it expects to deliver nearly 14,000 tube-launched, optically-tracked, wireless-guided missiles to an unidentified country.
The manufacture and delivery of the TOW missiles will come under a U.S. Foreign Military Sales agreement signed by the United States and the customer, which has a value of about $750 million.
Raytheon said it expects to complete an agreement with the U.S. government soon and begin delivering the TOW systems over a three-year period beginning next year.
The tube-launched, optically-tracked, wireless-guided weapon system first became operational in 1970, and continues to be a premier long-range, precision anti-armor, anti-fortification and anti-amphibious landing weapon system. It has a range of as much as 4,500 yards and is expected to be in service with the U.S. military beyond 2025.
"The order will allow Raytheon to further increase TOW's capability while delivering affordable precision to a key U.S. ally for the defense of its borders and sovereignty," Raytheon said. "This type of multi-year FMS arrangement drives down acquisition costs for the U.S. government and provides economies of scale."
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