Raytheon Completes Initial Delivery of IFF Transponders for South Korean Army's Surion Helicopter

By: Benzinga
Raytheon Company (NYSE: RTN ) has completed the first delivery of APX-119 Identification Friend or Foe (IFF) transponders for the Republic of Korea Army's Surion helicopter, the utility helicopter built by Korea Aerospace Industries Ltd. The IFF transponders provide military aircraft with a secure combat identification capability to reduce
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