TEWKSBURY, Mass., Dec. 5, 2005 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has been awarded two sole source contracts by the U.S. Navy
totaling $15.7 million for AEGIS equipment support.
A $10.2 million performance based logistics contract renews Raytheon
Integrated Defense System's (IDS) direct responsibility for administering
AEGIS technical support for spares and repairs requirements of U.S. Navy and
Foreign Military Sales customers. A $5.5 million contract calls for upgrading
transmitter equipment in the AEGIS Weapon System. The AEGIS program is served
by Raytheon's IDS Surveillance & Sensor Systems business area. Raytheon
recently commemorated a 25-year milestone of continuous AEGIS equipment
production.
"Logistics contracts are our vehicles for supporting IDS customers
throughout the product life cycle," says Dan Martin, vice president,
Surveillance & Sensors Systems. "A critical role we play in supporting and
protecting the fleet is to understand and anticipate the Navy's continually
changing needs and to help them control life-cycle costs while delivering on
the warfighters' needs."
The $5.5 million transmitter upgrade contract calls for the manufacture,
test and delivery of solid state amplifiers for use in RF (radio frequency)
monitor cabinets in SPY-1 radar transmitters. Whole life services and support
is central to maintaining and upgrading AEGIS equipment on board the U.S.
Navy's fleet, which includes Ticonderoga class cruisers and Arleigh Burke
class destroyers.
Based in Tewksbury, Mass., Integrated Defense Systems is Raytheon's leader
in Joint Battlespace Integration. With a strong international and domestic
customer base, including the U.S. Missile Defense Agency and the U.S. armed
forces, Integrated Defense Systems provides a wide spectrum of integrated air
and missile defense and naval and maritime warfighting solutions.
Raytheon Company (NYSE: RTN), with 2004 sales of $20.2 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.
Contact:
Guy Shields
978.858.5246
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Guy Shields of Raytheon Company,
+1-978-858-5246
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