Raytheon Awarded $42 Million Contract to Supply Targeting Pods to Swiss Air Force
MCKINNEY, Texas, Sept. 21, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $42 million Foreign Military Sales award from the U.S. Navy to provide 14 Advanced Targeting Forward Looking Infrared pod systems and spares to the Swiss Air Force.
The delivery of the ATFLIR pods by Raytheon Space and Airborne Systems, expected in 2010, will provide the Swiss F/A-18 Hornet aircraft advanced electro-optical and infrared sensors with a tracking laser.
"These additional pod systems give the Swiss Air Force advanced sensor and laser-tracking capability," said Tim Carey, vice president for Intelligence, Surveillance and Reconnaissance Systems. "Raytheon continues to bring engineering improvements in ISR technologies to international customers without additional development cost."
"The value of the Swiss Air Force participating in a program such as ATFLIR is substantial as we cooperate to advance system technology and mission capabilities," said Capt. Mark Darrah, Navy program manager for the F/A-18 and E/A-18G aircraft.
Raytheon Space and Airborne Systems, with 2008 revenues of $4.4 billion, 12,000 employees and headquarters in El Segundo, Calif., is a leading supplier of sensor systems that provide actionable information for the network-centric battlefield.
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.
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