DULLES, Va., Oct. 3, 2014 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) received a border security contract from the Defense
Threat Reduction Agency (DTRA) on Sept. 10,
2014 potentially valued at $12.9
million. The base contract award is $6.3 million with options for an additional
$6.6 million.
Raytheon will provide border security solutions to help prevent
the proliferation of Weapons of Mass Destruction (WMD) and related
materials across Moldova's
borders. One of the key elements is a real-time
electro-optical/infrared surveillance (EO/IR) system that Raytheon
will implement and test along high priority border areas. The
company will also provide training and sustainment and ultimately
transition all capabilities to the government of Moldova.
"Raytheon is now performing border security in Eastern Europe, the Middle East and in Southeast Asia, which helps DTRA make the
world more secure," said David
Appel, director of Defense and Federal Solutions for
Raytheon's Intelligence, Information and Services business. "This
win further validates our proven approach to designing and
implementing effective border security solutions that support
threat reduction with predictable cost, schedule and technical
performance."
The eighteen-month base with two several-month options task
order was awarded under the Cooperative Threat Reduction
Integrating Contract II (CTRIC II). Awarded in April 2011, CTRIC II is a multiple award
indefinite delivery, indefinite quantity contract with a ceiling
value of $950 million that supports
the DTRA Cooperative Threat Reduction (CTR) program. Since 1994
Raytheon has supported this program, which works to prevent the
proliferation of WMD and related materials, technologies and
expertise from former Soviet Union
states.
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
Raytheon
Jason Kello
+1.571.250.1428
iispr@raytheon.com
SOURCE Raytheon Company