|Pakistan Chooses Raytheon's Proven Air Defense Missiles to Secure Borders|
|TUCSON, Ariz., Jan. 15, 2007, 2007 /PRNewswire-USNewswire via COMTEX News Network/ -- The country of
Pakistan has signed a Letter of Offer and Acceptance for the procurement of
500 Advanced Medium-Range Air-to-Air Missiles (AMRAAM) - generating the
largest single international AMRAAM purchase -- and 200 AIM-9M Sidewinder
This is also the first AMRAAM missile procurement between Raytheon Company (NYSE: RTN) and Pakistan. Delivery of the AMRAAM missiles will start in 2008 and continue through 2011.
The combined $284 million procurement augments Pakistan's established inventory and will provide the bulk of the air-to-air fire power of the Pakistan Air Force. AMRAAM is a joint U.S. Air Force and Navy program and sets the global beyond-visual-range standard. It incorporates the latest digital technology and microminiaturized solid-state electronics, making this remarkable weapon more reliable and maintainable, resulting in the highest dependability at the lowest cost of ownership.
Thirty-two countries have procured AMRAAM based on its unprecedented air combat flexibility. The AIM-9M Sidewinder missile is a combat-proven, all- aspect, infrared-guided, short-range air-to-air missile employed by more than 20 countries worldwide.
"This is the largest single purchase of AMRAAM missiles in the history of the AMRAAM international program," said Brock McCaman, vice president of Raytheon Missile Systems' Air-to-Air product line. "The combat-proven 'one-two punch' of Raytheon's AMRAAM/Sidewinder technology will give the Pakistan Air Force the necessary firepower to accomplish vital air defense missions."
Raytheon Company, with 2005 sales of $21.9 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.