BAE Systems announced that the US Navy has signed a $2.68 billion indefinite delivery/indefinite quantity contract for the purchase of thousands of additional APKWS Laser-Guided Rockets which are combatproven and low-cost precision munition. APKWS rockets fill the gap between unguided rockets and large precision munitions, and are the US government’s only programme of record for 2.75" laser-guided rockets. APKWS guidance kits are compatible with new inventories of rocket motors, warheads, and launchers, and easily transform unguided rockets into precision munitions with little training. The APKWS laserguided rocket is used by the Navy, Marine Corps, Air Force, and Army of the US. It is also available to allied nations via FMS.