MCKINNEY, Texas, Feb. 14, 2008 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has received two U.S. Army orders totaling $17.2 million for 18 common
sensor payloads as system design and development continues.
The orders are part of an indefinite delivery-indefinite quantity
contract let in November 2007 with options up to $1.2 billion.
"We are still relatively early in the Army Common Sensor Payload
program. However, our broad core market strength and experience in building
electro- optical infrared systems are proving to be distinct advantages as
we move forward," said Tim Carey, vice president for Intelligence,
Surveillance and Reconnaissance at Raytheon Space and Airborne Systems.
"SAS is developing a robust advanced sensor for the soldier and Army
air-ground team that will provide tactical reconnaissance, surveillance,
and mission support in target acquisition."
An important advantage in this program is the integration experience of
Raytheon as the prime sensor payload provider for the Army's Extended Range
Multi-Purpose unmanned aerial system. The company has delivered 10 AN/DAS-2
sensors.
The common sensor payload, which will eventually equip ERMP and other
Army unmanned and manned aircraft, calls for design and development,
testing and air vehicle integration of a variant of Raytheon's
multi-spectral targeting system. Follow-up production of the payload in
McKinney could reach 875 units.
Raytheon Space and Airborne Systems is a leading provider of sensor
systems giving military forces the most accurate and timely actionable
intelligence available for the network-centric battlefield. With 2007
revenues of $4.3 billion and 12,000 employees, SAS is headquartered in El
Segundo, Calif. Additional facilities are in Goleta and San Diego, Calif.;
Forest, Miss.; Dallas, McKinney and Plano, Texas; and several international
locations.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning more
than 85 years, Raytheon provides state-of-the-art electronics, mission
systems integration and other capabilities in the areas of sensing;
effects; and command, control, communications and intelligence systems, as
well as a broad range of mission support services. With headquarters in
Waltham, Mass., Raytheon employs 72,000 people worldwide.
Note to Editors:
The initial contract award for this program was announced by the
Department of Defense Nov. 7, 2007.
Raytheon announced in a Nov. 12, 2007, news release that it had been
selected to provide a common sensor payload for manned and unmanned
aircraft.
Contact:
Dave Desilets
972.952.2239
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Dave Desilets of Raytheon Company,
+1-972-952-2239
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