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This is the eighth modification to the $128 million contract awarded in January 2009 by the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala. A previous contract modification for $8.1 million was awarded in August 2009. The contract calls for Raytheon to provide systems analysis, software and hardware engineering, testing and logistics support. "This contract modification signifies the continued commitment by the U.S. government to ensure that Patriot systems are at the highest level of readiness," said Sanjay Kapoor, vice president for Patriot Programs at Raytheon Integrated Defense Systems (IDS). "Raytheon is continually improving Patriot to deliver the most advanced capabilities to the U.S. Army and our 11 international partners." Work under this contract will be performed by Raytheon IDS at its Integrated Air Defense Center in Andover, Mass.; IDS Headquarters in Tewksbury, Mass.; the Warfighter Protection Center in Huntsville, Ala.; and the Mission Capability Verification Center in White Sands, N.M. Raytheon IDS is the prime contractor for both domestic and international Patriot air and missile defense systems and systems integrator for Patriot Advanced Capability-3 missiles. Integrated Defense Systems is Raytheon's leader in Global Capabilities 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 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.
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SOURCE Raytheon Company http://www.raytheon.com For full details on Raytheon Co (RTN) click here. Raytheon Co (RTN) has Short Term PowerRatings of 5. Details on Raytheon Co (RTN) Short Term PowerRatings is available at This Link.
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