MCKINNEY, Texas, June 19, 2015 /PRNewswire/ -- The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a multi-year contract valued at $153 million to produce 53 maritime, littoral and overland surveillance radars for its fleet of Boeing P-8A Poseidon aircraft.
The AN/APY-10 delivers accurate and actionable information in all weather, day and night, for anti-submarine and anti-surface warfare, and for intelligence, surveillance and reconnaissance missions. It offers a dedicated periscope detection mode, long-range detection and classification of maritime targets, and synthetic aperture for overland surveillance.
"The AN/APY-10 is a product of our nearly five decades of experience in developing and delivering innovative maritime and overland surveillance radars," said Jerry Powlen, vice president of Intelligence, Surveillance and Reconnaissance Systems for Raytheon's Space and Airborne Systems business. "We look forward to working with the U.S. Navy to deliver this system now and into the future."
To date, Raytheon has delivered 36 of 58 AN/APY-10 radars previously ordered by the U. S. Navy and is now under contract to produce 53 additional systems for the Navy's P-8A fleet and the Royal Australian Air Force.
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 93 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 cybersecurity and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.
Space and Airborne Systems
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SOURCE Raytheon Company