TUCSON, Ariz., Nov. 30, 2006 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) was awarded a $2 million contract for its Paveway(TM) II laser-guided
bomb kits in a winner-take-all U.S. Air Force competition.
Raytheon will provide Paveway GBU-10 air foil groups, used with 2,000-
pound Mk-84 warheads, under a contract with Ogden Air Logistics Center,
Hill Air Force Base, Utah. The award was based on several factors,
especially low price.
Paveway II precision guided bomb kits convert "dumb" bombs into
precision guided munitions. Air foil groups, mounted on the rear of bombs,
stabilize the munitions as they fly. Seeker units, mounted on the front of
bombs, offer laser guidance or in the case of Enhanced Paveway(TM)
dual-mode laser-Global Positioning System (GPS) guidance for pinpoint
accuracy in all weather conditions.
Raytheon's legacy of more than 35 years of laser-guided bomb
development and manufacturing experience has seen more than 250,000 Paveway
II precision guided weapons delivered to the United States and more than 35
allied nations for use on 25 different aircraft.
Raytheon also developed and produces the battle-proven Enhanced Paveway
family of precision guided munitions that features a dual-mode GPS-laser
guidance capability that can be used in all weather conditions against a
variety of targets. Raytheon's Enhanced Paveway II remains the only
low-cost, dual-mode, direct-attack weapon system that is combat proven and
in full-rate production for more than five years for U.S. and allied
forces. Enhanced Paveway II is under contract for integration on the
Eurofighter aircraft and negotiations are under way for integration on the
Joint Strike Fighter.
Raytheon is the sole provider of the Paveway family of precision guided
weapons.
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 U.S.
Department of Defense on Sept. 28. Paveway is a trademark of Raytheon
Company.
Contact: Alan D. Fischer
520.794.1211
Raytheon Company
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Alan D. Fischer of Raytheon Company,
+1-520-794-1211
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