TUCSON, Ariz., Oct. 6, 2006 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has received its first production award in the amount of $112.9
million for the AIM-120D configuration of the Advanced Medium-Range
Air-to-Air Missile (AMRAAM).
This contract supplements the Lot 20A effort awarded in February 2006
and, in addition to funding AIM-120C7 missiles, it also includes the first
production deliveries of AIM-120D missiles from December 2007 through
January 2009. The two Lot 20 contracts combined total $168 million.
Production and delivery will support the U.S. Air Force, Navy and Army.
Contract work will be done primarily at Raytheon Missile Systems in Tucson,
Ariz.
AIM-120D is an enhanced capability missile that includes enhanced data
link, improved kinematics and GPS Inertial Measurement Unit capability,
developed to meet the changing technology and battlespace requirements of
the warfighter.
Raytheon is the sole provider of the AMRAAM family of precision-guided
missiles. AMRAAM is the most carried air-to-air missile in the U.S.
arsenal. Deployed in 32 countries, AMRAAM continues to set the standard for
air dominance.
Raytheon Company, with 2005 sales of $21.9 billion, is an industry
leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
worldwide.
Note to Editors: This contract was initially announced by the
Department of Defense on Sept. 15, 2006.
Contact: At Defendory International:
Sara Hammond Chandra Stewart
520.794.7810 +1.520.241.1961
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Sara Hammond, +1-520-794-7810, or at
Defendory International, Chandra Stewart, +1-520-241-1961, both
for Raytheon Company
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