Saudi Arabia becomes first Paveway IV export customer

Raytheon has secured its first export customer for the Paveway IV 500lb dual-mode (INS/GPS and laser-guided) precision guided munition (PGM), company officials confirmed on 25 March. While the company was unable to confirm the identity of the customer, it is understood to be the Royal Saudi Air Force (RSAF). The Saudi export order is estimated to be worth in the region of GBP150 million (USD248 million) and to be for around 2,400 Paveway IVs.

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