LOUISVILLE, Ky. , May 15, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN)
has been awarded a $61.1 million U.S. Navy contract to purchase radar upgrade
kits and other spare parts for the Phalanx Close-In Weapon Systems. Sixty-
eight radar kits will be procured for use with the sea-based Phalanx and the
Centurion Land-Based Phalanx Weapon System.
Phalanx is a rapid-fire, computer-controlled radar and 20 mm gun system
that automatically acquires, tracks and destroys enemy threats. More than 850
sea-based systems have been built and deployed in the navies of 25 nations.
Twenty-two land-based systems have been delivered to the U.S. Army.
"Along with defending against rockets, artillery and mortars in the
land-based configuration, the Phalanx radars will support engagements of other
at-sea systems such as the Rolling Airframe Missile against supersonic
anti-ship missiles and other evolving threats," said Kevin Peppe , Raytheon's
close-in weapon systems director.
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 contract was originally announced by the Defense
Department May 13, 2008
Contact:
John Eagles
502.364.6768 - office
502.727.9391 - mobile
[email protected]
SOURCE Raytheon Company