DefenceTalkRaytheon Company’s Excalibur Ib precision guided projectile has entered full rate production (FRP). U.S. Army approval of FRP completes Excalibur Ib’s low rate initial production phase. Additionally, the U.S. Army has awarded Raytheon $52 million for continued Excalibur Ib production. “The full rate production decision is the culmination of superb teamwork between the U.S. Army […]https://www.defencetalk.com/excalibur-ib-enters-full-rate-production-60303/