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The long-range standoff weapon (LRSO) will be manufactured in Tucson, Arizona, and is expected to be completed in February 2027, Raytheon (NYSE:RTN) said.
It will replace the aging air-launched cruise missile that was fielded in the early 1980s with a 10-year design life.
Bloomberg News earlier on Thursday reported that the Air Force plans to buy up to 1,000 LRSOs. (https://bloom.bg/3dA4CJQ)
