Raytheon Expands International Customer Base for Digital Radar Warning Receiver
GOLETA, Calif., April 14, 2008 /PRNewswire/ -- An $85.5 million U.S. Navy contract allows Raytheon Company (NYSE: RTN) to add Canada and Switzerland to a growing list of international customers for its ALR-67(V)3 digital radar warning receiver.
The contract, consisting of several incremental awards that began in July 2007, includes systems for the U.S. Navy and the air forces of Canada, Switzerland and Australia. The ALR-67(V)3 is a state-of-the-art radar warning receiver on Navy F/A-18E/F carrier-based tactical aircraft. It now will be installed on Canadian CF-18 aircraft as an integral part of a modernization program and on Swiss F/A-18s.
"The ALR-67(V)3 has become the radar warning receiver of choice in the international market," said Roy Azevedo, manager of Raytheon's Electronic Warfare business area. "Our customers are getting the advantages of a hot production line, proven performance, and the system's flexibility to equip all variants of the F/A-18."
The contract from the Naval Air Systems Command, Patuxent River, Md., calls for deliveries of 27 radar warning receivers plus spares for Navy requirements, 38 radar warning receivers plus 22 quadrant receivers for Canadian aircraft, and one radar warning receiver for Swiss aircraft.
Under an award received in July 2007, production of the ALR-67(V)3 continues for F/A-18s of the Royal Australian Air Force. The international procurements are foreign military sales with potential follow-on orders for engineering support and a 10-year performance based logistics support program.
Deliveries under the new contract will begin in April 2010 and are expected to be complete by July 2011. The pact represents the 10th full rate production lot awarded to Raytheon. A total of 506 radar warning receivers plus spares have been ordered under the ALR-67(V)3 program. Additional domestic and international sales of the system are planned.
Work on the radar warning receiver is being done by Raytheon's Space and Airborne Systems business at its Tactical Airborne Systems facility in Goleta, with support of facilities in El Segundo, Calif., Forest, Miss., and McKinney, Texas. Key suppliers are located in the United States and Australia. The Canadian award includes an "industrial and regional benefits" agreement to develop industrial offset opportunities within Canada.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 85 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.
Contact: Ron Colman 805.879.2041
SOURCE: Raytheon Company
CONTACT: Ron Colman of Raytheon Company, +1-805-879-2041
Web site: http://www.raytheon.com/