MCKINNEY, Texas, Sept. 28, 2007 /PRNewswire/ -- A Raytheon Company
(NYSE: RTN) partnership with the U.S. Army has been named the winner of the
Defense Department's 2007 Secretary of Defense Performance Based Logistics
(Sub-System Level) Award.
The partnership on Improved Target Acquisition System (ITAS) Contractor
Logistics Support was cited by DoD for dramatically improving the mission
success of the ITAS through innovative performance based logistics.
Against a requirement of 90 percent, the Raytheon ITAS CLS team
achieved an average operational readiness rate of 99.7 percent for the
Army's 782 ITAS. That performance along with significant improvement in
repair times has resulted in an estimated cost savings of nearly $300
million for the Army.
The award acknowledges the outstanding government-industry partnership
of Raytheon's Network Centric Systems Contractor Logistics Support team and
the Army in establishing a benchmark program for maintenance and mission
support for the ITAS program.
"We're very proud of the work done by the ITAS CLS team with the Army,"
said Glynn Raymer, vice president of Combat Systems at Network Centric
Systems. "This award recognizes our unwavering commitment to supporting our
men and women in uniform, the outstanding combat readiness and performance
of the ITAS, as well as our customer's satisfaction with the overall
system."
Network Centric Systems is in the first year of a ten-year, firm-fixed-
price contract to provide performance based logistics and mission support
for this Army and Marine Corps tactical system. The contract requires
Raytheon to provide worldwide logistics support to Army and Marine Corps
operations at garrison locations, training centers, and in combat
operations around the world. The ITAS CLS program is managed out of
Raytheon's McKinney, Texas, facility with field service representatives
located around the world, including Iraq and Afghanistan.
Raytheon Company, with 2006 sales of $20.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 85
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 73,000 people worldwide.
Note to editor:
ITAS is an advanced Electro-Optic Target Acquisition Fire Control
System. It guides TOW (Tube-Launched, Optically Tracked, Wire-Guided)
weapon systems to their targets. The targeting system significantly
increases TOW's effective range, improves the weapon's ability to hit a
target with minimal collateral damage and allows a soldier to engage and
destroy targets from safe distances. ITAS's 2nd generation FLIR
(forward-looking infrared) sensor provides long- range reconnaissance and
surveillance capability 24/7, in all weather and battlefield conditions.
ITAS is fielded in Operation Iraqi Freedom and
Operation Enduring Freedom by the Army and the Marine Corps, where it
has demonstrated its value in all phases of the conflict.
The Secretary of Defense PBL Awards recognizes outstanding government-
industry partnerships at the system, subsystem and component level.
Contact:
George Rhynedance
703.284.4439
SOURCE Raytheon Company
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Related links: http://www.raytheon.com
CONTACT: George Rhynedance of Raytheon Company, +1-703-284-4439
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