MCKINNEY, Texas, Feb. 14, 2008 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has received two U.S. Army orders totaling
The orders are part of an indefinite delivery-indefinite quantity contract
let in November 2007 with options up to
"We are still relatively early in the Army Common Sensor Payload program. However, our broad core market strength and experience in building electro- optical infrared systems are proving to be distinct advantages as we move forward," said Tim Carey , vice president for Intelligence, Surveillance and Reconnaissance at Raytheon Space and Airborne Systems. "SAS is developing a robust advanced sensor for the soldier and Army air-ground team that will provide tactical reconnaissance, surveillance, and mission support in target acquisition."
An important advantage in this program is the integration experience of Raytheon as the prime sensor payload provider for the Army's Extended Range Multi-Purpose unmanned aerial system. The company has delivered 10 AN/DAS-2 sensors.
The common sensor payload, which will eventually equip ERMP and other Army unmanned and manned aircraft, calls for design and development, testing and air vehicle integration of a variant of Raytheon's multi-spectral targeting system. Follow-up production of the payload in McKinney could reach 875 units.
Raytheon Space and Airborne Systems is a leading provider of sensor
systems giving military forces the most accurate and timely actionable
intelligence available for the network-centric battlefield. With 2007 revenues
Raytheon Company, with 2007 sales of
Note to Editors:
The initial contract award for this program was announced by the Department of Defense Nov. 7, 2007 .
Raytheon announced in a Nov. 12, 2007 , news release that it had been selected to provide a common sensor payload for manned and unmanned aircraft.
SOURCE Raytheon Company