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Raytheon Awarded $84.7 Million for ALR-67(V)3 Full Rate Production Contract

El SEGUNDO, Calif., May 24, 2011 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received an $84.7 million U.S. Navy contract for continued production of ALR-67(V)3 digital radar warning receivers. The contract was awarded by the U.S. Naval Air Systems Command, Patuxent River, Md.

The ALR-67(V)3 is the U.S. Navy standard for digital radar warning receiver technology. It is made for installation on all frontline, carrier-based F/A-18 E/F tactical aircraft and is an integral part of modernization programs for U.S. and international customers.

The ALR-67(V)3 is the first deployed radar warning receiver to combine fully channelized digital receiver architecture with the power of dual processors. Its innovative architecture enables the successful detection of emitters in high-density electromagnetic environments and uses leading-edge digital technology for improved reliability.

"This technology is fully integrated with all avionics equipment on the Super Hornet. Warfighters need its advanced functionality to support increasingly complex combat operations," said Scott Jackson, general manager of Raytheon's electronic warfare systems product line. "The ALR-67(V)3 improves aircrew survivability by providing immediate and accurate situational awareness of the threat environment."

Deliveries are expected to begin January 2013 with production scheduled at Raytheon facilities in Forest, Miss. and McKinney, Texas.

Raytheon Company, with 2010 sales of $25 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 89 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 72,000 people worldwide.

www.raytheon.com

Contact:
Kevin Gabriel
310.334.1096

SOURCE Raytheon Company

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