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Raytheon Awarded $46.6 Million Contract to Upgrade Jordanian M60 Main Battle Tank Fire Control System

RESTON, Va., Dec. 8 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Raytheon Technical Services Company LLC (RTSC) subsidiary has been awarded a $46.6M contract by the Jordan Armed Forces to upgrade their M60 main battle tank with Raytheon's Integrated Fire Control System (IFCS).

RTSC will upgrade 50 IFCS systems already installed in Jordanian M60 tanks under a prior contract, will install IFCS kits in 50 additional M60s, and will provide spares for all the systems. Raytheon will assemble and test the kits in Indianapolis and will provide technical assistance to Jordan Armed Forces personnel during the installation in Jordan.

Raytheon has been working with Jordan's King Abdullah II Design and Development Bureau (KADDB) for the past three years on its Phoenix Level 1 IFCS upgrade and Level 2 Lethality upgrade efforts for the M60 main battle tank, a program designed to incrementally increase the M60's operational capability. Through that effort, one battalion has been fitted with this upgrade capability and deployed and is currently in-service with the Jordan Armed Forces. More than 2,000 rounds have already been successfully fired using the Phoenix Level 1 upgraded tanks.

"With this award, we take the Phoenix Level 1 initiative to the next step," said Jim Blum, program manager for fire control systems at RTSC. "This upgrade improves the M60's firepower capability and survivability by offering a significant improvement in first-round hit capability."

"This award is the result of a very successful teaming with Jordan's KADDB," added Keith Harmon, RTSC vice president and general manager of the Indianapolis business unit. "Raytheon will be providing IFCS maintenance training to the Jordanian personnel and their work force will be doing the actual installation work, providing jobs in the country. Through these and future activities, Raytheon is working with KADDB to contribute to Jordan's economic development and to pursue other business opportunities in the Middle East region."

Without the benefit of the IFCS modernization, the M60 main battle tank's fire-control system experiences logistics problems and faces increased obsolescence issues. The unstabilized sight system of the previous technology limits the accuracy and the mobility of the tank. The IFCS upgrade provides the M60 with a true shoot-on-the-move capability, a significant improvement in performance.

"The M60 is a formidable asset, but continually evolving threats require updated technology for it to remain so. The IFCS upgrade provides improved offensive and defensive capability to meet the modern threats," said Harmon. "It significantly extends the M60's service life at a fraction of the cost of acquiring a new tank."

KADDB is an agency of the Jordanian government tasked with the design, development, and transition to manufacture of prototype military equipment. KADDB operates as an independent governmental organization within the Jordan Armed Forces.

Raytheon Technical Services Company LLC, a subsidiary of Raytheon Company, provides technology solutions for defense, federal and commercial customers worldwide. It specializes in customized engineering services; logistics and supply chain management; training; and science, research and engineering services.

Raytheon Company, with 2002 sales of $16.8 billion, is an industry leader in defense, government and commercial electronics, space information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs more than 76,000 people worldwide.

Note to Editors: Additional Technical Information

IFCS, a full director fire control and stabilized synchronized cannon sighting system, features an advanced forward-looking infrared thermal sight, an eye-safe laser rangefinder, a digital ballistic computer and an improved turret stabilization system. Operational performance enhancements provided include improved surveillance and target acquisition during moving engagements; faster and more precise multiple target engagement capability; long-range precision shooting; reduced ammunition consumption with more kills per combat load; and improved system performance.


    Contact:
     Kristen Giddens
     703.295.2535


SOURCE  Raytheon Company
    -0-                             12/08/2003
    /CONTACT:  Kristen Giddens of Raytheon Company, +1-703-295-2535/
    /Web site:  http://www.raytheon.com/
    (RTN)

CO:  Raytheon Company
ST:  Virginia
IN:  AIR ARO
SU:  CON



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0299 12/08/2003 10:00 EST http://www.prnewswire.com