Raytheon Awarded $30 Million for Space Fence System Design and Prototyping
TEWKSBURY, Mass., July 15, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded one of three $30 million contracts for Phase A system design and prototype of the Space Fence system. Space Fence will provide the U.S. Air Force enhanced space surveillance capability to detect and report space objects.
"Space Fence is the future of space situational awareness," said Pete Franklin, vice president for Raytheon Integrated Defense Systems' National & Theater Security Programs. "This sensor will have the capability to detect and track very small objects in low Earth orbit."
The Space Fence program is a multi-phase acquisition leading to the delivery of up to three globally positioned S-band radars capable of interoperation with the Space Surveillance Network. The system will ensure there is no gap in capability as the current systems in the network reach the end of their life spans. Delivery of the first radar system is expected in 2015.
Integrated Defense Systems is Raytheon's leader in Global Capabilities Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact: Maureen Heard 339.645.6664
SOURCE Raytheon Company
SOURCE: Raytheon Company
Web site: http://www.raytheon.com/
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