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Raytheon Awarded $16.6 Million Subcontract for LPD 23 Advance Procurement
TEWKSBURY, Mass., Sept. 15 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $16.6 million subcontract from Northrop Grumman Corporation's (NYSE: NOC) Ship Systems sector for advance procurement for LPD 23. Under the subcontract, Raytheon Integrated Defense Systems (IDS) will provide advanced planning, procurement and support for total ship electronic systems associated with LPD 23, the future USS San Diego and seventh ship of the San Antonio (LPD 17) Class of amphibious transport ships. "Raytheon is unwavering in its dedication to provide the most advanced and cost effective mission system integration solutions to our U.S. Navy and Northrop Grumman customers," said Dan Smith, president of Raytheon IDS. "We continue to win awards on the LPD 17 Ship Class due to our exceptional performance and our commitment to providing the U.S. Navy and Marine Corps with the finest amphibious warfare ship industry can build." Under the LPD 17 program, Raytheon has responsibility as the Ship Electronic Systems Integrator and provides the Shipboard Wide Area Network (SWAN), the shipboard integrated product data environment, total ship information management, integrated ship electronics architecture, and life- cycle engineering support. Raytheon has drawn upon its experience and proven expertise to implement the SWAN and integrate all government and contractor furnished equipment for these cutting edge expeditionary warships. Based in Tewksbury, Mass., Integrated Defense Systems is Raytheon's leader in mission systems integration. With a strong international and domestic customer base, including the U.S. armed forces and the U.S. Missile Defense Agency, Integrated Defense Systems provides integrated solutions for the air, surface and subsurface battlespace. Raytheon Company, with 2003 sales of $18.1 billion, is an industry leader in defense, government and commercial electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs more than 78,000 people worldwide. Contact Carolyn Beaudry 401.842.3550 SOURCE: Raytheon Company Web site: http://www.raytheon.com/