RESTON, Va., Oct. 18 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been
awarded two contracts totaling $102 million by the Defense Threat Reduction
Agency (DTRA) to provide services in the former Soviet Union as part of the
U.S. government's Cooperative Threat Reduction (CTR) program. A third DTRA
contract -- in accordance with the Strategic Arms Reduction Treaty (START) --
is for more than $29 million.
Under the first contract valued at $71.8 million over a five-year period,
including a one-year base period and four one-year options, Raytheon Technical
Services Company (RTSC) will provide transportation services to the Ministry
of Defense of the Russian Federation. In addition RTSC will be responsible for
verifying that services were provided as intended. Work will be performed in
Russia and is expected to be complete by 2006.
Under a second $30.2 million contract with a one-year base period and four
one-year options, Raytheon will provide door-to-door transportation support
services for the movement of all CTR cargo via air and sea to Russia, Ukraine,
Kazakhstan, Georgia, Armenia, Azerbaijan, Turkmenistan, Kyrgyzstan, Moldova
and Uzbekistan. Work is expected to be complete by 2006.
Under a third $29.8 million, eight-year contract with a two-year base
period and five option periods, RTSC will continue to monitor vehicles and
cargo loads leaving a Russian missile assembly plant in accordance with START.
Raytheon will also provide logistics, medical, information technology and
health and welfare support to DTRA monitors assigned to the site. Work will be
performed in Votkinsk, Russia, and is expected to end in January 2010.
Under a separate indefinite delivery indefinite quantity (IDIQ) contract,
Raytheon has been selected to provide operations, maintenance and logistics
under DTRA's CTR Integrating Contracts Program (CTRIC). CTRIC is a multiple-
award, IDIQ contract with a $5 billion ceiling. As one of five awardees on
this ten-year contract, which includes a five-year base period and one five-
year option, Raytheon will support the U.S. government in eliminating weapons
of mass destruction and their supporting infrastructures. Work will be
performed primarily in Ukraine, Russia and Kazakhstan, and is expected to be
complete by 2011.
"Raytheon has worked in arms control operations in the former Soviet Union
for more than a decade," said Bryan Even, executive vice president of Raytheon
Technical Services Company. "We look forward to continuing to help the Defense
Threat Reduction Agency implement successful programs, reduce the weapons
infrastructure and maintain safe conditions in the former Soviet Union."
Since 1994 Raytheon has provided logistics support to CTR projects
involving transporting, storing, dismantling, safeguarding and destroying
weapons of mass destruction in the former Soviet Union. The CTR program helps
successor states of the former Soviet Union reduce their weapons of mass
destruction and the infrastructure supporting them. In 1995, as part of the
CTR program, the Nuclear Weapons Storage Security Agreement was signed by the
U.S. Department of Defense and Russian Ministry of Defense to provide
assistance to the Russian Federation by supplying equipment, training and
logistics support to expedite the security of nuclear weapons.
Raytheon Technical Services Company, a subsidiary of Raytheon Company,
provides technical, scientific and professional services for defense, federal
and commercial customers worldwide. It specializes in management, operation
and maintenance of customer facilities, equipment and systems; logistics and
life-cycle support; overhaul and repair depot operations; engineering,
logistics and personnel support; space and earth sciences; test and training
range support; and privatization of government services.
With headquarters in Lexington, Mass., Raytheon Company is a global
technology leader in defense, government and commercial electronics, and
business and special mission aircraft.
Contact:
Bob Valentine
703.295.2535
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Bob Valentine of Raytheon, +1-703-295-2535
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