Raytheon in quick succession Dallas-based E-Systems (1995), Chrysler Corporation's defense electronics and aircraft-modification businesses, which had previously acquired companies such as Electrospace systems (1996) (portions of these businesses were later sold to L-3 Communications), and the defense unit of Texas Instruments—Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation—a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic
GBU-10 Paveway II Martin and Raytheon. Raytheon began production after purchasing the product line from Texas Instruments. Lockheed Martin was awarded a contract to compete with Raytheon when there was a break in production caused by transferring manufacturing out of Texas. Raytheon production of the Paveway II is centered in Arizona, Texas, and New Mexico. Lockheed Martin production is centered in Pennsylvania. Laser-guided bombs are often labeled as "smart bombs", despite requiring external input in the form of laser designation of the intended target. According to Raytheon's fact sheet for the Paveway 2, 99 deliveries of guided munitions will yield a circular error