We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Raytheon Co | NYSE:RTN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 116.96 | 0 | 01:00:00 |
TUCSON, Ariz., April 1, 2015 /PRNewswire/ -- Building on their combined platform integration experience, Raytheon Company (NYSE: RTN) and DRS Technologies have entered into a teaming agreement for the U.S. Army's 3rd Generation Improved Forward Looking Infrared program (3rd Gen IFLIR) B-Kit
"Raytheon and DRS have teamed to provide an IFLIR solution that provides our military supremacy in reconnaissance, surveillance and target acquisition," said Dr. Taylor Lawrence, president of Raytheon Missile Systems. "The 3rd Gen IFLIR program is critical to our military forces and necessary to sustain our soldier's combat advantage."
The announcement follows the two companies' previous effort on the 2nd Gen FLIR program which saw nearly 20,000 sensors fielded to the Army, Navy and Marine Corps during the last decade.
"With this effort, Raytheon and DRS will leverage our Horizontal Technology Integration experience and 3rd Gen focal plane array technology," said Michelle Lohmeier, vice president of Raytheon's Land Warfare Systems. "We offer a low-risk schedule and program plan to field this technology into land combat platforms."
The Raytheon – DRS team has delivered 2nd Gen FLIR technology to:
"The Army and our team have a strong track record of delivering state-of-the-art next generation FLIR technology on our nation's premiere ground vehicle combat platforms," said Sally Wallace, DRS C4ISR Group president. "Our experience integrating a common FLIR across the Army's combat vehicle platforms is critical to synchronizing the Army's modernization strategy."
About DRS
DRS Technologies is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide and is a multiple recipient of the Defense Security Service Award for Excellence in Counterintelligence as well as three James S. Cogswell Awards for Outstanding Industrial Security Achievement. The company is a wholly owned subsidiary of Finmeccanica SpA, which employs approximately 70,000 people worldwide.
About Raytheon
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil 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 cyber security 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.
Media Contact
John Eagles
+1.502.364.6768
rmspr@raytheon.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/raytheon-drs-team-for-armys-3rd-generation-iflir-b-kit-300055248.html
SOURCE Raytheon Company
Copyright 2015 PR Newswire
1 Year Raytheon Chart |
1 Month Raytheon Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions