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Business/Financial

New JSOW Warhead Tested

DDN

Monday, February 9th, 2009

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A new shaped-charge warhead was tested for the Joint Standoff Weapon C-1 (JSOW C-1), Raytheon Co. [RTN] announced. The Navy tested the new warhead, which delivers the same effect as the warhead currently planned for the JSOW C-1 at a reduced cost to the warfighter. The move came as Pentagon leaders and key lawmakers are complaining about costs of military hardware, especially cost overruns. Both Sen. Carl Levin (D-Mich.), chairman of the Senate Armed Services Committee, and Secretary of Defense…

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