Raytheon Tests Excalibur's Low-Cost Titanium Base Design and On-Board Recorder

Raytheon Tests Excalibur's Low-Cost Titanium Base Design and On-Board Recorder SOCORRO, N.M., July 21, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) tested a new low-cost titanium base (Ti) and on-board recorder (OBR) for the Excalibur precision-guided artillery projectile during a June 13 test firing. The test firings are part of Raytheon Missile Systems' pre-contract preparation for the Excalibur Ib development award. The firings demonstrated the effectiveness of the low-cost Ti design and validated the use of an OBR and telemetry unit. "The Ti base was a key element in the proposal Raytheon submitted to the U.S. Army on May 7 because it lowers the cost of gun-fired precision projectiles," said Steve Bennett, director of Raytheon's Excalibur program. "A Ti base offers increased reliability with fewer parts, simpler... [read full story]