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WASHINGTON, April 23 (Reuters) – The U.S. Army has canceled a joint Raytheon Co RTN.N>-Lockheed Martin Corp precision attack missile program 90 percent of the way through a six-year, $1 billion-plus development phase, Raytheon said Friday.

‘We are disappointed by the decision to cancel the NLOS-LS Precision Attack Missile program,’ John Patterson, a Raytheon spokesman said, referring to the Non Line-of-Sight-Launch System, as it is known.

(Reporting by Jim Wolf, editing by Lisa Von Ahn) Keywords: RAYTHEON LOCKHEED/CANCEL

(Reuters Messaging: jim.wolf.reuters.com@reuters.net; email: jim.wolf@thomsonreuters.com; +1 202 898 8402, fax +1 202 310 5490)

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