Bofors Defence Awarded Excalibur Contract

Bofors Defence AB, has been awarded a $97.6 million contract for the Systems Development and Demonstration phase of the Excalibur program by Raytheon Missile Systems, the prime contractor.

Excalibur is a precision guided, extended range 155mm artillery projectile, based upon the technology from the previous US-only XM982 program and the US-Swedish Trajectory Correctable Munition cooperative program.

The projectile is intended to have a range in excess of 50 km with accuracy independent of range.

“This contract demonstrates that Bofors Defence has established itself within the area of intelligent ammunition in one of the biggest and strategically most important defense equipment markets in the world,” said Stefan Blomgren, Bofors Defence Excalibur Program Manager.

Development of the merged international co-operation Excalibur program is co-funded by the U.S. Army and the Defense Materiel Administration of Sweden.

A joint program office consisting of representatives from the U.S. Army, the Swedish defense procurement agency, Raytheon and Bofors Defence has been set up at Picatinny Arsenal, New Jersey.

Bofors Defence has been executing its workshare on the program since November 2002 under a letter contract which will be replaced by the newly signed contract.

The period of performance for the contract is until June 2007.the front edge of what is technically possible”.

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