TUCSON, Ariz., Sept. 23 /PRNewswire-FirstCall/--
Raytheon Company (NYSE: RTN) has been awarded a $50.6 million firm-fixed price
contract modification to produce an additional 142 Advanced Medium Range Air-
to-Air Missiles (AMRAAM). This is the second modification to the Lot 16
contract award received in April, and it brings the total number of missiles
ordered in Lot 16 to 754 with contract values of more than $289 million.
The Lot 16 contract provides five additional years of fixed price options
(Lots 17-21) with a potential contract value of nearly $2 billion and a total
quantity of up to 5,000 missiles.
The award was made by the U.S. Air Force Air Armament Center Counter-air
Joint Systems Program Office (JSPO), Eglin Air Force Base, Fla.
The Lot 16 missiles will be produced for the U.S. Air Force and Navy as
well as a number of international customers.
Work will be performed at Raytheon's facilities in Tucson, Ariz., and
Andover, Mass. Final assembly and delivery will occur in Tucson. Production is
expected to be complete in August 2004.
AMRAAM is a software-driven, radar-guided missile that gives pilots the
ability to "launch and leave" and to engage multiple targets during a single
engagement. To date, more than 12,000 missiles have been produced for U.S. and
international customers.
AMRAAM is fully operational on the F-15, F-16, F/A-18, the German F4F,
the UK Sea Harrier, Swedish JA-37 Viggen and the JAS-39 Gripen. It is
currently being integrated on the F-22, Eurofighter, Harrier II Plus, Tornado
and the Joint Strike Fighter. AMRAAM also has been adapted to a surface-to-air
role for air defense and is operational in Norway as the Norwegian Advanced
Surface-to-Air Missile System (NASAMS) and has been demonstrated in a HAWK-
AMRAAM system and on a High Mobility Multipurpose Wheeled Vehicle (HMMWV)-
based system called HUMRAAM.
The U. S. Marine Corps awarded a contract last year to Raytheon for its
version of HUMRAAM, called Complementary Low Altitude Weapons System (CLAWS),
which will be introduced into operational service by 2005. The U.S. Army also
is generating a requirement for a HUMRAAM system, called Surface Launch AMRAAM
(SLAMRAAM). The surface-launched AMRAAM market potential is estimated at more
than 5,000 missiles over the next 10 years.
With headquarters in Lexington, Mass., Raytheon Company is a global
technology leader in defense, government and commercial electronics, and
business aircraft.
Contact:
Jennifer Spears-Allen
520.794.4182
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Jennifer Spears-Allen of Raytheon Company,
+1-520-794-4182
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