MOST SHARED
- Ritz-Carlton ?Struggling? in the US: President
- Garlic Price Rises Surpass Gold, Stocks in China
- Half of Banks' Losses May Still Be Hidden: IMF Head
- New-Home Sales Jump 6.2% To Highest Level in Over Year
- S&P Stocks Trading at New 52-Week Highs
- Oil Price to Average $75.40 in 2010: Poll
- Consumer Mood Improves, But Anxiety Over Personal Finances
- Americans Ditch Planes for Trains this Thanksgiving
- Jobless Claims Below 500,000, Durable Orders Slip
- US Bonds Pare Losses After 7-Year Auction
- For Many in US, It Will Be a Scaled-Down Holiday Season
- Judge Erases Couple's $525,000 Mortgage Payment
- Where Do Pardoned Turkeys Go?
- Foreign Demand Boosts US 7-Year Treasury Sale
- New-Home Sales Jump to Highest Level in Over Year
- Consumers Catching the Holiday Spirit
- Jobless Claims Below 500,000, Durable Orders Slip
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- Garlic Price Rises Surpass Gold, Stocks in China
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- S&P Stocks Trading at New 52-Week Highs
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Treasury On Mortgage Modifications
- Blue Jeans Expected to See Another Green Christmas
TEWKSBURY, Mass., Nov 04, 2009 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $5.8 million contract modification for engineering services for the Patriot Air and Missile Defense system.
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.
Contact:
Roopa Bhide
978.470.5334 SOURCE Raytheon Company URL: http://www.raytheon.com www.prnewswire.com Copyright (C) 2009 PR Newswire. All rights reserved -0- KEYWORD: Massachusetts INDUSTRY KEYWORD: ARO
HTS
HMS
CPR SUBJECT CODE: CON


