News Release

Raytheon wins $63.3 million DARPA contract for hypersonic weapons work
Contract will fund Tactical Boost Glide system

TUCSON, Ariz., March 5, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) won a $63.3 million DARPA contract to further develop the Tactical Boost Glide hypersonic weapons program. The joint DARPA and U.S. Air Force effort includes a critical design review, a key step in fielding the technology.

An artist’s rendering illustrates what a hypersonic missile could look like as it travels along the edge of Earth's atmosphere. Raytheon is developing hypersonic weapons under several U.S. Department of Defense contracts.

For a tactical-range boost glide weapon to achieve hypersonic speeds – velocities greater than Mach 5 – "a rocket accelerates its payload to high speeds. The payload then separates from the rocket and glides unpowered to its destination," according to the DARPA website.

"This latest contract adds to Raytheon's growing number of hypersonic weapons programs," said Dr. Thomas Bussing, Raytheon Advanced Missile Systems vice president. "Raytheon is working closely with our customers to quickly field these advanced weapon systems and provide our nation's military with the tools they need to stay ahead of the escalating threat."

Hypersonic weapons will enable the U.S. military to engage from longer ranges with shorter response times and enhanced effectiveness compared to current weapon systems.

About Raytheon
Raytheon Company (NYSE: RTN), with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

Media Contact
Carri Karuhn
+1.520.746.2018
rmspr@raytheon.com

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SOURCE Raytheon Company