What Happened
CoAspire Wins $70 Million Contract For Low-Cost Cruise Missile
The US Navy has selected CoAspire’s Rapidly Adaptable Affordable Cruise Missile-Extended Range for a new program aimed at quickly delivering low-cost missiles to foreign partners. The $70 million award is under the Coalition Heterogeneous Affordable Offensive Strike program, with CoAspire’s RAACM-ER designed to attack both land-based and moving targets at sea. The company’s end-use customers are allies and coalition partners, although specific nations participating in the program have not been identified. This development was first reported by Aviation Week.