TEWKSBURY, Mass., March 17, 2008 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has been awarded two task orders worth
The contract award signifies a long-term partnership between Raytheon and MDA to consolidate operations and sustainment of the agency's Raytheon-built family of X-Band radars in a flexible and efficient manner.
"This partnership provides the Missile Defense Agency with significant potential cost savings," said Pete Franklin , vice president for Raytheon Integrated Defense Systems National & Theater Security Programs. "The Consolidated Contractor Logistics Services contract applies Raytheon's whole-life services and support strategy to the MDA Ballistic Missile Defense System, allowing the agency to respond more effectively to its missile defense mission with enhanced availability, lower costs and reduced risk."
The work performed under the task orders is designed to improve operational availability and reduce the total cost of ownership by identifying and leveraging efficiencies and improvements throughout the missile defense mission.
The first task order, valued at
This contract was structured to include a five-year base period worth
The use of task orders provides Raytheon with significant agility to respond to MDA's mission needs. Work will be performed at Raytheon Integrated Defense Systems Missile Defense Center in Woburn, Mass., and Integrated Air Defense Center in Andover, Mass., and by Raytheon Technical Services Company personnel at sites designated by the MDA.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad 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 2007 sales of
SOURCE Raytheon Company