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U.S. Navy, Raytheon Achieve Program Milestone on New Joint Standoff Weapon Variant

TUCSON, Ariz., Oct. 30, 2008 /PRNewswire-FirstCall/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) completed a critical design review of the Joint Standoff Weapon C-1, achieving a major program milestone.

JSOW C-1 adds moving maritime target capability and a two-way data link to the combat-proven JSOW family.

"JSOW C-1 is needed because it brings critical capabilities [to the warfighter]," said Commander Andrew "Chunder" Kessler, JSOW deputy program manager for JSOW in the Navy's Precision Strike Weapons program office. "It will represent the world's first network-enabled weapon when it is delivered to the warfighter in 2010."

Completion of the CDR means Raytheon has moved one step closer to delivering the JSOW C-1 to the U.S. Navy.

"With the CDR under our belt, Raytheon remains on track to begin captive carry testing of the JSOW C-1 from an F/A-18 Super Hornet aircraft next year," said Harry Schulte, vice president of Raytheon Missile Systems' Air Warfare Systems' product line.

The U.S. Navy and Raytheon are currently negotiating the first production lot of JSOW C-1 missiles. The contract award is expected in December.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 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 72,000 people worldwide.

Contact:
Mike Nachshen
520.794.4088 - office
520.269.5697 - mobile
Michael_nachshen@raytheon.com