MCKINNEY, Texas, July 15, 2010 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) second U.S. Navy Performance Based Logistics facility has been certified to perform depot level repairs for its Multi-Spectral Targeting System.    

"It's important that the fleet benefits from this relationship, and that the warfighter leaves with new capabilities for the battlefield," said Mark Schroeder, program manager of Raytheon's Intelligence Surveillance and Reconnaissance Systems. "We look forward to providing this support to the Naval Air Station Jacksonville (Florida), the largest tenant command."

The MTS system determines the bearing, course and speed of a target by viewing the scene as an infrared image, regardless of weather conditions. This system's capabilities enhance night navigation, target detection and recognition, search and rescue, and more.

This new MTS component repair center expands Raytheon's existing public and private partnership supporting the MTS weapon system.  Performance based logistics balances current readiness needs with future requirements through a government-industry partnership to provide cost-wise, high quality service to the warfighter.

Raytheon Company, with 2009 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 88 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 75,000 people worldwide.

www.raytheon.com

SOURCE Raytheon Company