Raytheon Awarded Defense Threat Reduction Agency Contract Potentially Worth $82.1 Million to Provide Mission Support in the Former Soviet Union
RESTON, Va., Aug. 8, 2005 /PRNewswire/ -- A subsidiary of Raytheon Company (NYSE: RTN) has been awarded a task order with a potential value of $82.1 million by the United States Defense Threat Reduction Agency (DTRA) to provide Mission Support in the former Soviet Union (FSU).
Through this six-year task order, which has a base year and five one-year options, Raytheon Technical Services Company LLC (RTSC) will provide comprehensive logistics integration support, including equipment support and services, program support services, infrastructure services, an enterprise information management system, and program management. Work will be performed in FSU countries, primarily in the Russian Federation.
This effort is part of the U.S. government's Cooperative Threat Reduction (CTR) Program that assists successor states of the FSU in reducing their stockpiles of weapons of mass destruction and the infrastructure supporting them. Work on the task order, under DTRA's IDIQ (indefinite delivery, indefinite quantity) CTR Integrating Contracts (CTRIC) Program, is expected to be completed by July 2011.
"Since 1994 Raytheon has provided Mission Support to cooperative threat reduction projects involving logistics, transportation, storage, dismantling, safeguarding and destroying weapons of mass destruction in the FSU," said Dan Schultz, RTSC vice president and general manager of one of RTSC's Reston, Va.- based business units. "RTSC is proud of its historic CTR performance, and we look forward to continuing our successful partnership with DTRA to prevent the spread of nuclear, chemical and biological weapons of mass destruction to make the world a safer place."
RTSC has been helping DTRA enhance global security since 1988, supporting the Department of Defense's cooperative efforts with countries of the former Soviet Union. RTSC also provides DTRA with: elimination of strategic bombers and air-to-surface missiles in Ukraine; elimination of SS-25 missiles and launchers; assistance in the transportation of nuclear warheads in Russia to safe, secure storage sites; monitoring of an intercontinental ballistic missile final assembly plant in Russia; logistics services to CTR equipment; and transportation of CTR cargo via air and sea to the former Soviet Union.
DTRA safeguards America's interests from weapons of mass destruction by controlling and reducing the threat to the United States and its allies and providing quality tools and services for the warfighter. This Department of Defense combat support agency is located at Fort Belvoir, Va., and operates field offices worldwide.
RTSC provides technology solutions for defense, federal and commercial customers worldwide. It specializes in Mission Support, engineering product solutions and engineering service solutions. Mission Support-Raytheon's integrated approach to providing total life-cycle support, predicting customer needs, sensing problems and proactively applying solutions-enables Raytheon to maintain readiness and deliver operational capability on demand, enhancing customer mission success.
Raytheon Company (NYSE: RTN), with 2004 sales of $20.2 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.
Note to Editors:
CTRIC is a multiple-award IDIQ contract with a $5 billion ceiling. As one of five awardees on the 10-year contract, which includes a five-year base period and one five-year option, Raytheon supports the U.S. government in eliminating weapons of mass destruction and their supporting infrastructures.
Contact: Kristen Giddens Pinto-Coelho 703.295.2535
SOURCE: Raytheon Company
Web site: http://www.raytheon.com/