ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RTN Raytheon Co

116.96
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
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

Raytheon awarded $174.5 million contract to provide ground and airborne ISR mission support to the U.S. Air Force

04/11/2014 1:00pm

PR Newswire (US)


Raytheon (NYSE:RTN)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Raytheon Charts.

DULLES, Va., Nov. 4, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $174.5 million follow-on contract from the U.S. Air Force to provide field support for high-altitude intelligence, surveillance and reconnaissance (ISR) and the Distributed Command Ground System (DCGS) mission. This is the 15th year that Raytheon has successfully partnered with the Air Force on this contract, and ninth year that Raytheon has implemented year-over-year cost savings.

Since 2005, Raytheon has supported over 14,000 airborne missions and more than 20,000 ground missions for the Air Force as part of the Contractor Field Services program. Under this Air Force Warner Robins Air Logistics Complex contract, the Raytheon-led team provides around-the-clock contractor field services to the warfighter at numerous sites around the globe. The contractor requirements cover a broad range of ground operations support including:

  • system maintenance
  • operations training
  • pre-flight system checks
  • mission support during flights
  • post-mission problem analysis
  • new system installations and upgrades

In addition to the DCGS mission, the Raytheon team also supports data processing and dissemination for unmanned system sensors, ground controls, and data links.

"Our Contractor Field Service representatives offer mission critical expertise and are intimately familiar with how entire systems work which allows them to successfully support the DCGS mission," said Todd Probert, vice president for the Mission Support and Modernization mission area at Raytheon Intelligence, Information and Services. "Our long partnership with the Air Force has allowed Raytheon to seamlessly collaborate with our customer to achieve mission success – we have reduced cost while maximizing system availability."

DCGS is a worldwide distributed, network centric, system-of-systems architecture that conducts collaborative intelligence operations. DCGS provides both physical and electronic distribution of intelligence, surveillance and reconnaissance data, processes, and systems.

Find out more about DCGS at http://www.raytheon.com/capabilities/products/dcgs/.

About Raytheon

Raytheon Company, with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 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 Contacts
Jason Kello
+1.571.250.1428
iispr@raytheon.com

SOURCE Raytheon Company

Copyright 2014 PR Newswire

1 Year Raytheon Chart

1 Year Raytheon Chart

1 Month Raytheon Chart

1 Month Raytheon Chart

Your Recent History

Delayed Upgrade Clock