GBU-12 Paveway II of the Paveway series) are produced by defense contractors Lockheed 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. "Paveway II" refers specifically to the guidance kit, rather than to the weapon itself. See also GBU-16 Paveway II, where the same guidance unit is fitted to a Mk 83 1,000-lb bomb. The US Department of Defense has upgraded GBU-12 production versions to include GPS guidance modes. Lockheed Martin is the sole
Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5, C-130, and C-141 transports as well as the F-2, F-16 (purchased from General Dynamics), F-117, F-22, and F-35 Lightning II. The most important project by far to Lockheed Martin Aeronautics is the F-35 Lightning II (JSF). Worth a potential $200bn the initial order book is approximately 3,000 excluding almost guaranteed export orders. The F-22 air dominance fighter, while smaller in terms of aircraft ordered, is still of great importance to Lockheed Martin (and partner Boeing). Lockheed Martin Aeronautics Lockheed Martin Aeronautics Company is a major unit of Lockheed Martin with