TUCSON, Ariz., Aug. 23 /PRNewswire/ -- Raytheon Company (NYSE: RTNA; RTNB)
has been selected by United Defense, L.P. (UDLP), of Arlington, Va., to
continue work on the Advanced Gun System (AGS) Land Attack Projectile.
The $20.3 million contract with option covers a 28-month concept
demonstration period, which will culminate in a flight test of a 155-mm land
attack guided projectile. The agreement is a follow-on to a one-year concept
evaluation contract with UDLP. Raytheon's work will be carried out at its
Missile Systems business unit in Tucson, Ariz.
"During concept demonstration, we will leverage the expertise from our
Extended Range Guided Munition (ERGM) and Excalibur (XM982) programs, as well
as the extensive development work we are conducting in our advanced programs
division," said Ken Pedersen, Raytheon Missile System's vice president for
advanced programs. "Our ultimate guided projectile vision is to have
commonality across all three programs."
The AGS is a new design 155-mm naval gun that will be the main battery for
the new U.S. Navy "Zumwalt" class of land attack destroyers (DD21). AGS will
have the capability of supporting ground troops ashore with precision accuracy
and with the goal of a maximum range of 100 nautical miles.
Raytheon Company, based in Lexington, Mass., is a global technology leader
that provides products and services in the areas of commercial and defense
electronics and business and special mission aircraft. Raytheon has
operations throughout the United States and serves customers in 70 countries.
United Defense, L.P. is a $1.2 billion global leader in the design,
development, and production of armored combat vehicles and naval weapon
delivery systems. The company's 5,000 employees are recognized for
outstanding research and development, industry-leading engineering and system
integration skills and proven logistics support capabilities. United Defense
operates 12 development, manufacturing, and service centers in 10 states, and
joint ventures in several foreign countries. For more information about
United Defense visit its web site at http://www.uniteddefense.com.
Note to Editors:
Missile Systems is a business unit in Raytheon's Electronic Systems
business, which is headquartered in El Segundo, Calif. ES was established at
the beginning of 2000 to bring together capabilities in radar and electro-
optics for space, airborne and ground applications; expertise in naval systems
and integration; and, leadership in the development and production of
missiles. In addition to Missiles, ES comprises five other business units:
Air Combat and Strike Systems; Surveillance and Reconnaissance Systems;
Tactical Systems; Naval & Maritime Integrated Systems; and, Air and Missile
Defense Systems.
CONTACT:
Sara Hammond
Raytheon Company
520-794-7810
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Sara Hammond of Raytheon Company,
520-794-7810
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