MCKINNEY, Texas, July 10 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has
been selected to enter into negotiations toward an estimated $50 million
Future Combat Systems (FCS) contract to serve as Ground Sensor Integrator
(GSI). The announcement of this selection for negotiations was made today by
FCS Lead Systems Integrator (LSI), lead by Boeing [NYSE: BA], on behalf of the
U.S. Army.
As GSI, Raytheon will develop a sensor architecture and define, select,
acquire and integrate sensors to support the U.S. Army's transformational
objectives. The company will collaborate with the Army and the LSI to select
the best existing sensors, direct the development of new ones, and integrate
the sensors into a seamless network, increasing the potential value of this
package to several hundred million dollars.
"This integrated network of sensors will span the gamut of ground
platforms to give war fighters 'knowledge dominance' over any adversary, and
to facilitate faster, more decisive operations," said Jack Costello, Raytheon
vice president for Army Transformation.
FCS is the defining element of the U.S. Army's Objective Force. FCS
employs networking, an array of sensors and information fusion to achieve
unprecedented levels of situational awareness and operation synchronization.
Its new capabilities - networked sensors, advanced command and control, agile
platforms, and precision effects - will enable the Army to meet changing
warfare requirements.
"Raytheon's 75-year sensor development history and its demonstrated
integration skill will reduce risk and help ensure program success," said
Dennis Muilenburg, LSI program manager and Boeing vice president.
Raytheon Company, with 2002 sales of 16.8 billion, is an industry leader
in defense, government and commercial electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Lexington, Mass., Raytheon employs more than 76,000
people worldwide.
Contact:
Patricia Perlini
972.952.4033
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Patricia Perlini of Raytheon Company,
+1-972-952-4033
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