FALLS CHURCH, Va., Oct. 3 /PRNewswire-FirstCall/ -- A Raytheon Company
(NYSE: RTN) team, which includes Lockheed Martin, BAE SYSTEMS and General
Dynamics, has been competitively selected for and awarded a $157 million U.S.
Air Force contract to upgrade an intelligence system called the Distributed
Common Ground System (DCGS), known as DCGS 10.2 Multi-INT upgrade.
The contract, valued at nearly $360 million over the life of the program,
consists of a 1.5 year base period with options for 29 Air Force and 39 Navy
systems. Additional systems can be purchased by all military services. The
work will be performed at various customer sites. The contracting agency is
the U.S. Air Force's Electronic Systems Center, Hanscom AFB, Mass.
"This win for the Raytheon industry team will ensure that our armed forces
will have the right information at the right time needed to win on any
battlefield now and in the future," said William H. Swanson, Raytheon CEO and
president.
"We are extremely excited to be part of such a dynamic team. We believe
that our team's solution will provide seamless interoperability across the
Joint Services and Intelligence communities," said Stan Sloane, President of
Lockheed Martin's Management and Data Systems. "Current and future
applications will be integrated with industry standards for superior
battlespace awareness."
The 10.2 upgrade will transform DCGS by integrating multiple intelligence
systems into a single, worldwide network-centric ISR enterprise. DCGS web-
based technologies will transform ISR into an integrated element of DoD
weapons systems, enabling warfighter dominance of the battlespace.
Raytheon Company, with 2002 sales of $16.8 billion, is an industry leader
in defense, government and commercial electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Lexington, Mass., Raytheon employs more than 76,000
people worldwide.
Darci Bushey Suzanne Smith
Raytheon Company Lockheed Martin
703.849.1568 303.971.2322
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Darci Bushey of Raytheon Company,
+1-703-849-1568; or Suzanne Smith of Lockheed Martin,
+1-303-971-2322
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