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US Navy to buy 7,000 rockets from UK arms maker

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US Navy to buy 7,000 rockets from UK arms maker
 The US Navy has awarded British weapons manufacturer BAE Systems a $175 million contract to produce more than 7,000 laser-guided rockets.
Dubbed advanced precision kill weapon system (APKWS), the rockets are standard 2.75-inch (70-millimeter) missiles that have been transformed into precision munitions by installing a guidance kit between their warhead and engine compartments.
BAE Systems is ramping up production to build toward an annual level of more than 20,000 units, with officials noting that the US contract might be extended for 17,500 APKWS.
The company has reportedly began delivering the rockets and hopes to fulfill the contract ahead of schedule by coordinating production in facilities in New Hampshire and Texas as well as its supplier chain.
APKWS rockets are the only guided 2.75-inch variant the US Defense Department has approved for use onboard a host of rotary- and fixed-wing military aircraft. UK’s BAE Systems is firing 1,000 people due to declining fighter aircraft sales, according to reports.
Presstv