GOLETA, Calif., Oct. 23 /PRNewswire-FirstCall/--
Raytheon Company (NYSE: RTN) has received a $25 million award from the U.S.
Air Force Electronic Warfare Product Group, Warner Robins Air Logistics
Center, Ga., for towed decoys and an associated engineering task supporting
the Air Force's ALE-50 towed decoy system. The award represents the sixth
production lot of ALE-50 equipment being provided to the U.S. Air Force and
Navy as part of an original contract that began in December 1996.
The Lot 6 award calls for 985 towed decoys for U.S. Air Force and Navy
aircraft. Equipment acquired by the Lot 6 award will be delivered through
September 2004. The award also includes an option to exercise the Lot 7
production contract by March 2003. Completion of the Lot 6 program will bring
the total number of decoys produced by Raytheon to 16,725.
Towed decoy systems provide significantly enhanced aircraft survivability
by acting as a preferential target for many types of missile threats.
Raytheon's ALE-50 system has played a key role in aircraft self-protection for
several military conflicts. Work on the towed decoy system is being done in
Goleta, Calif. by the company's Electronic Warfare Systems organization.
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:
Ron Colman
805.879.2041
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Ron Colman of Raytheon Company,
+1-805-879-2041
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