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Raytheon Awarded $10 million to Develop New Missile Defense Interceptor

    TUCSON, Ariz., Sept. 18, 2008 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has been awarded a $10 million Missile Defense Agency contract to
continue research and development of the Network Centric Airborne Defense
Element.

    NCADE is an air-launched weapon system designed to engage short- and
medium-range ballistic missiles in the boost and ascent phase of flight.

    "NCADE fills a critical niche in the Ballistic Missile Defense system
and provides a revolutionary, low-cost approach to interceptor development
and acquisition," said Mike Booen, Raytheon Missile Systems vice president
of Advanced Missile Defense. "The ballistic missile threat is increasing
rapidly. Raytheon is committed to getting NCADE to the warfighter as
quickly as possible."

    The NCADE interceptor leverages many proven components and
technologies, including the aerodynamic design, aircraft interface and
flight control system of Raytheon's Advanced Medium-Range Air-to-Air
Missile. The commonality with AMRAAM enables the warfighter to launch NCADE
from a wide variety of aircraft, including smaller unmanned aerial
vehicles.

    NCADE also leverages proven imaging infrared seeker components from
existing Raytheon production programs, which enables a potentially rapid
development and fielding path.

    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 86 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:

    On Dec. 3, 2007, Raytheon Company flight tested a key component of the
NCADE missile defense system with the intercept of a test ballistic
missile. The test at White Sands Missile Range, N.M., demonstrated the
NCADE infrared seeker's ability to acquire and track a ballistic missile
target in the boost phase of flight.


Contact: John Patterson 520.794.4559 john_b_patterson@raytheon.com
SOURCE Raytheon Company




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  • http://www.raytheon.com
    CONTACT:
    John Patterson of Raytheon Company,
    +1-520-794-4559, john_b_patterson@raytheon.com