MARLBOROUGH, Mass.,
Oct. 24, 2014 /PRNewswire/
-- Raytheon Company (NYSE: RTN) announced today that the
Federal Aviation Administration (FAA) has awarded Raytheon a
$131 million contract for Wide Area
Augmentation System (WAAS) Dual Frequency Operations (DFO) Segment
1. Under this contract, Raytheon will enhance overall system
capability as the FAA moves toward a dual frequency system.
WAAS is the United States'
Satellite-Based Augmentation System designed to promote air traffic
safety. In continuous operation since 2003, the WAAS signal
augments standard Global Positioning System (GPS) with accuracy and
integrity enhancements to meet stringent air navigation performance
and safety requirements for en route, terminal, non-precision
approach, and highly precise approaches that utilize vertical
guidance. The reliable signal enables the FAA to consider
reductions in the aging ground-based navigation network which could
result in significant cost savings.
"Continuing to enhance the WAAS system is an important step for
the National Air Space," said Robert
Delorge, vice president, Raytheon C4I Systems. "We will
continue our partnership with the FAA to ensure continuous
operations of the system going forward."
Raytheon was the original development contractor for WAAS and
has continued working with the FAA on WAAS improvements since it
was certified for NAS in 2003. Raytheon is also the prime
contractor for the WAAS GEO Service Lease program.
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 Contact
Cynthia
Baker
+1.714.446.4600
idspr@raytheon.com
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SOURCE Raytheon Company