|Raytheon Wins Radar Maintenance and Operations Services Contract|
DULLES, Va., April 25, 2011 /PRNewswire via COMTEX/ -- Raytheon Technical Services Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE: RTN), has won a U.S. Air Force Cobra Dane radar systems contract valued up to $65 million for maintenance operations, radar sustainment, systems engineering and integrated logistics support.
The Air Force Intelligence, Surveillance and Reconnaissance Agency contract began April 1 and ends Dec. 31, 2015, if all options are exercised.
"The Cobra Dane radar system is a key platform supporting the Air Force and Missile Defense Agency, and Raytheon's operational support and sustainment engineering have been instrumental in meeting the customer's missions," said John Harris, RTSC president.
"Cobra Dane was introduced in 1977, and the upgraded hardware and software, which we support, have extended the system's operational life by more than 15 years," Harris added.
The AN/FPS-108 Cobra Dane was originally built by Raytheon and modernized by Raytheon Integrated Defense Systems.
Raytheon Company, with 2010 sales of $25 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 89 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.
SOURCE Raytheon Company