LOUISVILLE, Ky., July 28 /PRNewswire-FirstCall/--
Raytheon Company (NYSE: RTN) is being awarded a $31.2 million contract to
produce four Phalanx Block 1B Close-In Weapon Systems for the Egyptian Navy.
All four systems will be produced at Raytheon Missile System's Louisville,
Ky., facility. The first delivery will be made in April 2005 with the
remaining systems following over a six-month period.
"This is a major undertaking for both Raytheon and the Egyptian Navy,"
said Dennis Carroll, director of Phalanx systems in Tucson, Ariz. "Not only
does this initiative promote Phalanx in the international community, it also
makes the Egyptian fleet one of the most modern in the world."
Phalanx is a rapid-fire, computer-controlled radar and 20-mm gun system
that automatically acquires, tracks and destroys enemy threats that have
penetrated all other ship defense systems. More than 850 systems have been
built and deployed in the navies of 21 nations.
The Block 1B surface mode provides both a radar and a thermal imager for
identification and rapid tactical actions in the cluttered near-shore,
littoral environments. This system protects ships and their crews against an
increased number of threats including standard and guided artillery;
helicopters; floating mines and a variety of shore-launched, anti-ship
missiles. It is especially effective against the swarming attacks of small,
fast gunboats.
"The Block 1B surface mode, our most advanced system, provides unequalled
capabilities in near-shore, littoral environments," said Carroll. "The Phalanx
sensors can be integrated into a ship's combat system and provide critical
detection and track data in support of other engagements out to the horizon."
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
John Eagles
502.364.6768
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
John Eagles of Raytheon Company,
+1-502-364-6768
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