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Raytheon Company – $7 Million Contract to Upgrade Military Air Traffic Landing Systems – RTN

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Raytheon Company (NYSE: RTN) has been chosen to provide engineering, technical and depot services in support of 15 Air Traffic, Navigation, Integration, and Coordination Systems (ATNAVICS) for the Naval Air Systems Command (NAVAIR) and U.S. Marine Corps.

Raytheon’s ATNAVICS is a mobile system that provides air traffic services for the rapid deployment of troops and equipment to remote locations where no operational airport control and landing system exists. It can be set up in less than an hour with four people and is based on a heritage of military landing systems designed and manufactured for more than 35 years.

“Under this contract, U.S. Marine Corps field support teams will collaborate with Raytheon system experts to ensure successful deployment in a variety of challenging environments affected by geography, weather and changing battlefield conditions,” said Mike Prout, vice president of Security and Transportation Systems for Raytheon’s Network Centric Systems business.


RTN will provide engineering changes, field and maintenance support, depot requirements and system refurbishment under a previous agreement recently extended by two years.

In addition, the work will include fault isolation, assembly, disassembly, fabrication, refurbishment, upgrading, purchasing of parts, components, assemblies and materials, and fleet support activities to return the systems to a level of serviceability comparable to a new system.

The work will be performed in Marlborough, Mass.; Largo, Fla.; and St. Inigoes, Md., and is expected to be completed in February 2013. The Naval Air Warfare Center Aircraft Division, Patuxent River, Md., is handling the contracting activity.

About Raytheon
RTN, with 2011 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 90 years, RTN 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., RTN employs 71,000 people worldwide.

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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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