PICATINNY ARSENAL, N.J. -- The Army awarded Raytheon Company a $31.8 million contract to produce an additional 464 Excalibur Increment Ib projectiles.

First fielded in 2007, Excalibur is the Army’s GPS-guided, precision 155 mm artillery projectile. 

“The Increment Ib projectile design is the third iteration improvement of the item, which is more accurate, more reliable, has a longer range and is lower cost than previous versions,” said Pete DeMasi, Excalibur Product Lead.

Fired from the M777A2 howitzer or Paladin,  the round couples GPS technology with an inertial measurement unit to provide accurate, first-round fire-for-effect capability in an urban setting with accuracy better than 3 meters Circular Error Probable.

The Excalibur program is managed by the Program Manager Combat Ammunition Systems, part of the Program Executive Office Ammunition at Picatinny Arsenal, New Jersey.

The contract, made in late November 2015, states that Raytheon will deliver the rounds to the Army by August 2017.

Excalibur production awards were planned to be completed at the end of 2016, however, additional funding was added in 2017 to produce projectiles that have been expended in combat, said DeMasi.

The Excalibur projectiles are produced by Raytheon and assembled at the McAlester Army Ammunition Plant in McAlester, Oklahoma.