The Kingdom of Saudi Arabia has awarded a $475m contract to Raytheon to provide the combat-proven Paveway family of precision-guided munitions.

The Paveway is a family of laser-guided bombs, and the kit transforms dumb bombs into precision-guided munitions.

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Raytheon Missile Systems president Dr Taylor W Lawrence said Raytheon’s Paveway family of weapons provided the warfighter with unmatched precision and stand-off capability.

The company will also partner with Saudi Arabian industry to supply and fulfil the support equipment as per the contract.