Pakistan Arms Race With India

Pakistan to acquire 500 BVR missiles from US – Got Stock in Raytheon?

Pakistan Air Force has inducted H-4 Beyond Visual Range missile which could strike a target from a distance of 120 km without visually citing it, evading enemy radars.

“It is a step towards adding the Beyond Visual Range (BVR) missiles to our arsenal for defensive purposes and to address the strategic imbalance in the region,” Pakistan daily Dawn quoted PAF officials as saying.

Thunder, jointly developed by Pakistan and China, in 2006.

They said European and the US suppliers were currently not willing to share the technology with Pakistan but PAF was managing with whatever technology at its disposal.

BVR’s are made by Raytheon Company (NYSE: RTN) is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon is the world’s largest producer of guided missiles.[1]

Established in 1922, the company reincorporated in 1928 and adopted its present name in 1959. The company has around 73,000 employees worldwide and annual revenues of approximately US$20 billion. More than 90 percent of Raytheon’s revenues were obtained from defense contracts and, as of 2007, it was the fifth largest defense contractor in the world, and is the fourth largest defense contractor in the United States by revenue. Raytheon made $24 Bil. in 2008.

Raytheon Headquarters was moved from Lexington, Massachusetts to Waltham, Massachusetts on October 27, 2003.[3] The company was previously headquartered in Cambridge, Massachusetts from 19221928, Newton, Massachusetts from 19281941, Waltham from 19411961, Lexington from 19612003, and back to Waltham from 2003 onwards.

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