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Share Name | Share Symbol | Market | Type |
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Raytheon Co | NYSE:RTN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 116.96 | 0 | 01:00:00 |
TEWKSBURY, Mass., March 27, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a program and technical review for the Lower Tier Air and Missile Defense Sensor, or LTAMDS, with the U.S. Army. Having led the development of advanced radar technologies for more than 50 years, Raytheon's solution is uniquely prepared to meet the rapid growing needs of today's soldiers.
"Air and missile threats are maturing faster than ever before," said Tom Laliberty, vice president of Integrated Air and Missile Defense at Raytheon's Integrated Defense Systems business. "Because soldiers in the field need new technology now, Raytheon is accelerating our potential LTAMDS solution so it is ready for delivery when needed."
Raytheon will support U.S. Army efforts to complete LTAMDS concept development by solidifying performance specifications and refining cost and schedule as the program prepares to enter the Technology Maturation and Risk Reduction phase. The work to date has been focused on delivering an LTAMDS solution to soldiers that meets operational requirements as fast as possible.
Raytheon's prototype technology test bed in Pelham, New Hampshire, continually tests several systems planned for LTAMDS. More than 3,000 testing hours have been completed to date. The testing environment allows the program team to determine key requirements including:
About Raytheon
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Follow us on Twitter.
www.raytheon.com
Media Contact
Mike Nachshen
+1.520.269.5697
dspr@raytheon.com
View original content with multimedia:http://www.prnewswire.com/news-releases/raytheon-lower-tier-air--missile-defense-sensor-solution-completes-program-review-300619493.html
SOURCE Raytheon Company
Copyright 2018 PR Newswire
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