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Raytheon Awarded $12 Million for Patriot Missile Field Surveillance Program

TEWKSBURY, Mass., March 17, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded $11.9 million to provide material and technical services in support of the Patriot Missile Field Surveillance program.

This contract from the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is a modification to a three-year contract awarded to Raytheon in January 2008 for the Patriot Air and Missile Defense System. Under the contract modification, Raytheon will continue to support the manufacture, assembly and testing of Patriot missiles through 2010.

"This work supports all Patriot customers -- the U.S. and our 11 international partners -- that have selected the combat-proven Patriot as the foundation of their air and missile defense strategy," said Sanjay Kapoor, vice president for Patriot Programs at Raytheon Integrated Defense Systems (IDS). "Raytheon is committed to supporting the operation of Patriot missile facilities with technical personnel, materials and test-related data to ensure the system performance and mission readiness of all Patriot systems."

Work for this contract will be performed by Raytheon IDS at the Integrated Air Defense Center, Andover, Mass.; IDS Headquarters, Tewksbury, Mass.; Raytheon Technical Services Company, Burlington, Mass.; Red River Army Depot, Texarkana, Texas; and Letterkenny Army Depot, Chambersburg, Pa.

Raytheon IDS is the prime contractor for both domestic and international Patriot Air and Missile Defense Systems and system integrator for Patriot Advanced Capability-3 missiles.

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.


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SOURCE Raytheon Company

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