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Raytheon Awarded Contract with Potential Value of $70 Million for Iraq Infrastructure Services
FALLS CHURCH, Va., May 27, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a contract potentially worth $70 million to provide infrastructure services for Operation Iraqi Freedom.
DRS Technical Services, Inc. awarded Raytheon the 2008 $36.2 million contract, which includes a 2009 option year worth $33.4 million. Raytheon is providing subcontracting services to DRS as part of the Rapid Response contract from the Army's Communications and Electronics Command.
The contract allows Raytheon to continue designing, developing, installing and maintaining state-of-the-art command and control, communications and computing facilities in Iraq. It primarily covers operation and maintenance of existing facilities, engineering and installation of new services, network information assurance and logistics support services.
"We're providing support in real time to our commanders in the field," said Jack Harrington, vice president, Network Centric Systems' Command and Control Systems, "Our rapid response and evolving technical solutions ensure our soldiers have the tools they need when they need them."
Raytheon has provided mission-critical support to the multi-national force serving in Iraq since the beginning of the conflict. The essential capabilities provided under this contract range from the Multi-National Forces headquarters location to the zone around the U.S. Embassy. It also includes enclaves throughout the International Zone and outlying bases throughout Iraq.
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 86 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.
Note to Editors:
This is the fifth such communications and information systems infrastructure contract awarded to Raytheon for its solutions to provide military leaders with the latest in communications technology. Raytheon will provide support for classified and unclassified network data, network management, communications security, management, system administration, video teleconferencing and help desk customer support.
DRS Technical Services, Inc. is an information technology company with expertise in telecommunications and IT services, integrated logistics services, systems integration, and electronics manufacturing.
Contact: MB Hodgkiss 508.490.2607
SOURCE: Raytheon Company
CONTACT: MB Hodgkiss of Raytheon Company, +1-508-490-2607
Web site: http://www.raytheon.com/