RAYTHEON, SAAB TEAM TO DE­VELOP NEW IN­FANTRY WEAPONS

SP's LandForces - - NEWS IN BRIEF -

Raytheon Com­pany (NYSE: RTN) and Swedish aero­space and de­fense firm Saab will part­ner to de­velop new weapons for in­fantry forces. Ini­tially, the team will up­grade the Carl-Gustaf reload­able shoul­der-launched weapon sys­tem and ex­plore op­por­tu­ni­ties to en­hance Saab’s AT4 dis­pos­able weapon sys­tem to meet near-term U.S. and in­ter­na­tional re­quire­ments.

The Carl-Gustaf sys­tem is used by the US Army and ground forces of 40 other coun­tries in the world’s most de­mand­ing com­bat en­vi­ron­ments. The multi-role weapon has been mod­ern­ized to meet the chang­ing needs of sol­diers on the ground. For ex­am­ple, Saab re­cently im­proved porta­bil­ity by re­duc­ing the weight of the lat­est ver­sion, the M4/M3E1, from 22 to 15 pounds.

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