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Author Topic: Raytheon $412 Million AMRAAM Contract Enables Warfighters to Maintain Air Superi  (Read 3200 times)

Offline tigershark

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Raytheon $412 Million AMRAAM Contract Enables Warfighters to Maintain Air Superiority
TUCSON, Ariz., Aug. 4, 2008 /PRNewswire/ -- The U.S. Air Force awarded
Raytheon Company (NYSE: RTN) a $412 million contract for Lot 22 production
and delivery of the AIM-120C7 and AIM-120D Advanced Medium-Range Air-to-Air
Missiles.

    The firm fixed price contract will provide the U.S. military with
AIM-120D missiles. It will also provide Foreign Military Sales (FMS)
customers with AIM-120C7 missiles. Delivery is scheduled to begin in 2010
and continue through 2011.

    "AMRAAM enables U.S. and allied aviators to handily win the critical
fight for air supremacy," said Col. Scott Rumph, commander of the U.S. Air
Force's 328th Armament Systems Group.

    The AIM-120C7 missile completed operational testing in 2007, and the
operational test agency deemed it "effective and suitable." The AIM-120D is
currently in developmental testing.

    The AIM-120D builds on the combat-proven AMRAAM by adding an improved
electronic protection suite, enhanced data link and GPS-aided navigation.
The AIM-120C7 is the only version of the AMRAAM available for FMS.

    "In addition to the AMRAAM's unmatched capability and reliability,
Raytheon provides its customers continuous support and upgrades throughout
the missile's life cycle," said Jim Knox, Raytheon Missile Systems' AMRAAM
program director. "The U.S. and its allies have demonstrated in recent
conflicts that AMRAAM is the cornerstone for establishing air supremacy
above the battlefield."

    Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 86
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.

    Note to Editors:

    This contract award was originally announced by the Department of
Defense May 28, 2008.

    The AMRAAM family of missiles has been in production for more than 20
years. It is operational with the U.S. Air Force, U.S. Navy, U.S. Marine
Corps, U.S. Army and 33 international customers. More than 16,000 AMRAAMs
have been produced. The missile is responsible for nine successful combat
intercepts.

   
SOURCE Raytheon Company

Source
http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=149999&TICK=RTN&STORY=/www/story/08-04-2008/0004860986&EDATE=Aug+4,+2008

 



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