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RTN Raytheon Co

116.96
0.00 (0.00%)
03 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 $35 million U.S. Air Force aircraft integration and life cycle technical support contract

26/02/2015 1:00pm

PR Newswire (US)


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DULLES, Va., Feb. 26, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $35 million sole-source contract by the U.S. Air Force to provide aircraft integration and life-cycle technical support on an advanced bomb carriage and release system for aircraft. The advanced system will allow both the Air Force and U.S. Navy to perform more missions utilizing less aircraft.

"JMM BRU end users now have a next evolution system that can be integrated with more than 11 different platforms," said Todd Probert, vice president for the Mission Support and Modernization at Raytheon Intelligence, Information and Services. "Our strength in engineering and design allowed us to offer the customer a system with improved combat turn-around time, enhanced system performance and improved warfighter readiness."

The Joint Miniature Munitions Bomb Rack Unit (JMM BRU) indefinite delivery, indefinite quantity contract began October 2014 and has an eight-year period of performance. In addition to being awarded the IDIQ contract, Raytheon has also received its first delivery order.

Under this contract, Raytheon responsibilities include engineering, investigation and analysis, aircraft integration, testing, training, material and software updates, simulations, modeling, test hardware, initial spares and procurement of all associated hardware to support the activities. 

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 at @Raytheon.

Media Contacts

Cassandra Watson
+1.571.250.3390
iispr@raytheon.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/raytheon-awarded-35-million-us-air-force-aircraft-integration-and-life-cycle-technical-support-contract-300041981.html

SOURCE Raytheon Company

Copyright 2015 PR Newswire

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