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Raytheon announces new contracts

Dec. 29, 2011 at 11:33 AM   |   Comments

EL SEGUNDO, Calif., Dec. 29 (UPI) -- Raytheon is closing out December with $320 million in orders for its AESA radar and $72 million in contracts for work on U.S. and NATO missile systems.

The identities of the parties who ordered the active electronic beam scanning radar system weren't disclosed. Nor were details of the contracts, including delivery schedules.

The AESA system enables a radar beam to be directed close to the speed of light for air-to-air and air-to-ground information in near real time. Raytheon said it has delivered more than 300 of the aerial systems to a variety of customers in the United States and overseas.

"Raytheon's AESA radars continue to set the industry standard for performance and reliability," said Mark Kula, vice president, Tactical Airborne Systems, Raytheon Space and Airborne Systems. "Our solid bookings in 2011 attest to this fact and we expect to see continued growth in this area."

The first of the total $72 million missile support awards came from the U.S. Naval Sea Systems Command and are for the Phalanx, SeaRAM and land-based Phalanx, as well as SeaSparrow surface missiles used by NATO.

Under the first contract, Raytheon will provide design engineering and technical support services for Phalanx systems, which provides missile defense for U.S. ships.

The second award calls for the provision of an undisclosed number of SeaSparrow MK57, MOD 12/13 systems, as well as missile launchers and spare parts.

Topics: NATO
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