WASHINGTON, Sept. 23, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN)
has been awarded a $232.8 million contract for the system development and
demonstration phase of the GPS-based Joint Precision Approach and Landing
System (JPALS) program for shipboard applications. JPALS provides
all-weather shipboard landing capability to assist the Navy with pinpoint
landing accuracy on aircraft carriers.
The Raytheon team's solution for JPALS improves safety, lowers the
total cost of ownership during the program's lifecycle and provides greater
flexibility and efficiency. A modular design and open system approach
minimizes costs of future applications.
"When our service members are conducting missions in hostile
environments or inclement weather, we want them to have confidence that
their aircraft will land exactly where they should each and every time,"
said Andy Zogg, Raytheon vice president of Airspace Management and Homeland
Security.
The team, led by Raytheon Network Centric Systems, includes Rockwell
Collins, Northrop Grumman and SAIC. The award represents more than a decade
of developing and demonstrating that GPS-based satellite navigation
technology works.
"In addition to the Department of Defense application, this award adds
valuable experience to our ongoing development of space-based augmentation
systems in air traffic management," said Zogg. "Raytheon has certified this
type of system in Japan and the U.S. and is the only company with that
distinction. In India, Raytheon will provide satellite-based navigation for
civil aviation across South and East Asia for the safest and most accurate
air navigation system deployed in the region."
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 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.
Contact:
Lynford Morton
703.284.4446
lynfordm@raytheon.com
SOURCE Raytheon Company
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Related links: http://www.raytheon.com
CONTACT: Lynford Morton of Raytheon Company, +1-703-284-4446, lynfordm@raytheon.com
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