Raytheon ELCAN Optical Technologies Awarded up to $180 Million for Marine Corps Enhanced Thermal Imaging Program

RICHARDSON , Texas , Feb. 16, 2009 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a single source indefinite-delivery, indefinite-quantity contract worth up to $180 million to procure, deliver, maintain and provide logistical support to the Medium Range Thermal Bi-Ocular program through 2014.

The MRTB is a stand-alone, lightweight, observation and targeting device used by Marines in all lighting conditions, including total darkness and at times when vision is obstructed by smoke, fog or sandstorms. MRTB can be used to conduct reconnaissance and surveillance or to direct small arms fire.

"Our system includes upgrades in the latest Raytheon Vision Systems microbolometer detector technology, which provide double the resolution of earlier models," said Mike Allgeier , Raytheon vice president, Operations and Precision Components. "This allows Marines to see at a greater distance with better identification capability and gives our troops a decided advantage on the battlefield."

The MRTB provides thermal imaging capability to the Marine Rifle Squad, Machine Gun Squad and other Marine Corps units. It features the latest low-power, compact, uncooled thermal technology and can recognize a man-sized moving target from up to one mile away.

"The system includes video recording with high quality infrared and visible optics that provide extended range," said Allgeier. "It is ideal not just for military operations, but for border security, surveillance and targeting applications."

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 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 73,000 people worldwide.

Note to Editors: The Department of Defense originally announced this contract Jan. 26, 2009 .

SOURCE Raytheon Company