U.S. Army Awards Raytheon $8 Million Patriot Engineering Services Contract
TEWKSBURY, Mass., Oct. 25, 2006 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an $8 million contract modification from the U.S. Army Aviation and Missile Command to provide engineering services support to the Patriot Air and Missile Defense program.
This award provides additional funds for Raytheon Integrated Defense Systems (IDS) to increase levels of software, system engineering and international support, to increase efforts on the Tactical Command System and Battery Command Post, and to provide additional logistics and depot support.
"As prime contractor for the Patriot system, we remain committed to ensuring our country and our allies have a reliable, scaleable Patriot air and missile defense capability well into the future," said Rick Yuse, vice president, Raytheon IDS Integrated Air Defense business area.
Patriot is fielded by the U.S. Army and nine countries: Germany, Greece, Israel, Japan, Kuwait, the Netherlands, Saudi Arabia, Spain, and Taiwan. Patriot engineering service work is performed in Raytheon IDS locations in Massachusetts, Alabama, Texas, New Mexico, and Maryland, as well as foreign locations.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a strong international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2005 sales of $21.9 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.
Contact: Guy Shields 978.858.5246
SOURCE: Raytheon Company
CONTACT: Guy Shields of Raytheon Company, +1-978-858-5246
Web site: http://www.raytheon.com/