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RTN Raytheon Co

116.96
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Last Updated: 01:00:00
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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 $18.6 million to expand border security work in Kingdom of Jordan

08/10/2015 2:19pm

PR Newswire (US)


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DULLES, Va., Oct. 8, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an additional $18.6 million contract from the Defense Threat Reduction Agency (DTRA) to help the Government of the Hashemite Kingdom of Jordan (GoHKJ) secure its borders with Syria. The award is for increment three of DTRA's Jordan Border Security Project (JBSP).

Raytheon expands border security work in Kingdom of Jordan

Raytheon previously announced the completion of Phase 2 and 3 (Jordan/Syria and Jordan/Iraq borders, respectively) as part of the JBSP, delivering key capabilities to help safeguard the Kingdom's borders.

"Raytheon continues to leverage local partnerships and regional knowledge to deliver a superior border security solution," said Dave Wajsgras, president of Raytheon Intelligence, Information and Services (IIS). "This latest contract award acknowledges Raytheon's growing expertise in the region."

Under the latest contract, Raytheon will install passive barrier fencing, sensors, cameras and a command and control system. The focus is to enhance the Jordanian Armed Forces' ability to deter, detect and interdict threats.

"Our goal is to deliver the best possible border security offering for the Kingdom," said Todd Probert, vice president for Mission Support and Modernization at Raytheon IIS. "The best border security solution is the right combination of equipment, training and sustainment based on customer needs."

Raytheon's border security efforts support the DTRA's Cooperative Threat Reduction Integrating Contract (CTRIC II), awarded in April 2011 as a multiple-award, indefinite delivery/ indefinite quantity contract.

About Raytheon

Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity 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 cybersecurity 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.

Info - http://photos.prnewswire.com/prnh/20151007/275039-INFO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/raytheon-awarded-186-million-to-expand-border-security-work-in-kingdom-of-jordan-300156598.html

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Copyright 2015 PR Newswire

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