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RTN Raytheon Co

116.96
0.00 (0.00%)
Last Updated: 01:00:00
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 enhances Tomahawk cruise missile to hit moving targets at sea

12/09/2017 2:00pm

PR Newswire (US)


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TUCSON, Ariz., Sept. 12, 2017 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $119 million contract to begin integrating a new multi-mode seeker into the Tomahawk Block IV cruise missile. The enhancement will enable the weapon to engage moving maritime targets.

The Navy is conducting the new seeker development as a Rapid Deployment Capability program to meet urgent fleet requirements for defeating emerging maritime threats worldwide. Raytheon is expected to deliver this new capability by 2022.

"The U.S. Navy and Raytheon are working closely together to further enhance this modern missile, keeping Tomahawk in the fleet for decades to come," said Capt. Mark Johnson, Tomahawk program manager at U.S. Naval Air Systems Command. "No other weapon on earth can match this cruise missile's capability. Proven thousands of times in combat, Tomahawk is the nation's weapon of choice."

Launched from ships or submarines, the Tomahawk missile can fly into heavily defended airspace 1,000 statute miles away to conduct precise strikes on high-value targets with minimal collateral damage.

"Tomahawk's new multi-mode seeker will add even more capability to this already advanced missile," said Dave Adams, Raytheon Tomahawk program director. "Tomahawk is second to none in destroying stationary land targets, and soon the weapon will defeat moving maritime targets. Enemy vessels at sea will not elude Tomahawk."

Raytheon is already modernizing Tomahawk's radio suite and software under a separate Navy contract. Recertification on the first Tomahawk Block IVs is set to begin in 2019. That process will extend Tomahawk's service life for 15 years and enable Raytheon to make enhancements to the missile.

About Raytheon
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

www.raytheon.com

Media Contact
Tara Wood
+1.520.746.2097
rmspr@raytheon.com

 

View original content:http://www.prnewswire.com/news-releases/raytheon-enhances-tomahawk-cruise-missile-to-hit-moving-targets-at-sea-300517464.html

SOURCE Raytheon Company

Copyright 2017 PR Newswire

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