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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., May 23, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun deliveries of pulse power containers in support of the U.S. Navy's Railgun program. The containers, which are comprised of multiple pulsed power modules, will be integrated into the Navy's Railgun test range for additional development and testing.
The modular pulsed power containers, when combined, produce enough energy to enable the electromagnetic launch of a railgun's high-velocity projectile at speeds in excess of Mach 6.
"Directed energy has the potential to redefine military technology beyond missiles and our pulse power modules and containers will provide the tremendous amount of energy required to power applications like the Navy Railgun," said Colin Whelan, vice president of Advanced Technology for Raytheon's Integrated Defense Systems business. "Raytheon's engineering and manufacturing expertise uniquely position us to support next generation weapon systems to meet the ever-evolving threat."
Raytheon's pulse power container design is the result of work stemming from an initial $10 million contract with Naval Sea Systems Command to develop a pulsed power system, which will enable land or sea-based projectiles to reach great distances without the use of an explosive charge or rocket motor. Raytheon is one of three contractors developing a PPC design for the U.S. Navy.
About Raytheon
Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 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. Visit us at www.raytheon.com and follow us on Twitter @Raytheon.
Media Contact
Ian Davis
+1.978-858-4135
idspr@raytheon.com
Photo - http://photos.prnewswire.com/prnh/20160522/370629
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/raytheon-begins-delivery-of-railgun-pulse-power-containers-300272904.html
SOURCE Raytheon Company
Copyright 2016 PR Newswire
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