TUCSON, Ariz., Dec. 17 /PRNewswire-FirstCall/ --
Raytheon Company (NYSE: RTN) has been awarded a $32.3 million contract by the
Republic of Korea (ROK) Navy to provide Rolling Airframe Missile (RAM) guided
missile weapon systems for the next three KDX-2 (Batch 2) multipurpose
destroyers and the first of class LPX Amphibious Assault Ship.
This is the second sale of the RAM weapon system in Korea. Raytheon's RAM
weapon system continues to provide the ROK Navy with vital defense against
anti-ship missiles and will strengthen the ROK Navy multi-layer.
The first RAM System has been successfully installed onboard KDX-II Ship 1
and is awaiting at-sea integration testing scheduled for next year. The ROK is
the third nation to purchase and deploy the RAM Weapon System, which was
cooperatively developed and produced by the United States and Germany.
Under a direct commercial sale contract, Raytheon will deliver four RAM MK
49 MOD 3 21-round launcher systems beginning in April 2005, and will provide
training, logistics support and technical integration services. A complement
of RAM RIM 116A missiles will be procured at a later date under a separate
contract.
RAM is a lightweight, quick-reaction, ship self defense weapon system and
is presently deployed on more than 30 U.S. and 25 German ships. More than 60
additional U.S. and German installations are planned, to include amphibious
ship classes, frigates, destroyers, and fast patrol boats, with further
expansion into other allied navies.
RAM's passive dual mode (infrared and radio frequency), autonomous missile
provides high firepower since no shipboard support is required after launch.
The RIM 116A missile selected by Korea has completed its U.S. Navy operational
test program and continues full rate production in order to satisfy U.S. Navy
and foreign navy self-defense requirements. RAM continues to be selected as
the weapon of choice by the Republic of Korea Navy for anti-ship missile
defense.
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:
Sara Hammond
520.794.7810
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Sara Hammond of Ratheon, +1-520-794-7810
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