TUCSON, Ariz., March 26, 2015 /PRNewswire/ -- In a move designed
to collaborate and share advanced defense technologies, Raytheon
Company's (NYSE: RTN) Missile Systems business signed a Letter of
Intent with MESKO, Poland's
leading missile and ammunition manufacturer.
Areas of cooperation focus on Raytheon's solutions for the KRAB
howitzer precision fires and new Polish Attack Helicopter,
including offset proposals and opportunities for MESKO.
"This is a tremendous step forward, allowing Raytheon to expand
its collaborative relationship with our partners at MESKO and the
Polish industrial community, while providing increased capabilities
for the Poland land force " said
Michelle Lohmeier, vice president of
Raytheon's Land Warfare Systems product line. "The LOI serves as a
tool for both companies to explore cooperation and mutually
beneficial business opportunities, as well as potential exports to
third country markets."
The agreement focuses on the production and future capabilities
codevelopment of Raytheon's Excalibur 155 mm precision projectile
and the TALON laser guided rocket, which was co-developed with
United Arab Emirates industry.
Additionally, Raytheon and MESKO will explore the potential for
collaboration on a next generation anti-armor weapon and a
very short range air defense weapon.
Previously, Raytheon signed an LOI with MESKO to cooperate on
opportunities related to Poland's
air defense architecture, as well as significant exports to global
markets. That agreement calls for the companies to examine areas
for partnership in categories such as:
- Patriot GEM-T missile sub-system production and
qualification
- Patriot GEM-T missile integration, assembly and production
- System Level Integration and Engineering
About Excalibur
Excalibur is a precision-guided, extended-range projectile that
uses GPS guidance to provide accurate, first-round effects
capability in any environment. By using Excalibur's level of
precision, there is a major reduction in the time, cost and
logistical burden associated with using other artillery munitions.
Excalibur has been fielded by the U.S. Army, Marines, and several
international militaries.
- Combat proven: Nearly 770 Excalibur rounds have been
fired in combat with exceptional accuracy and lethality.
- Precise: Excalibur consistently strikes less than two
meters from a precisely-located target.
- Safe: Excalibur's precision avoids collateral damage and
has been employed within 75 meters of supported troops.
- Affordable: With its first round effects, Excalibur
reduces total mission cost and time and the user's logistics
burden.
- Growing: Raytheon has demonstrated a dual-mode
GPS/semi-active laser seeker Excalibur variant to compensate for
target location error, maintain precision in GPS denied or degraded
environments, and enable engagement of relocated or moving
targets.
- Entering New Markets: With Excalibur-N5, navies will be
able to deliver extended range, precision naval surface fires from
existing 5-inch/127 mm guns.
About TALON
- TALON is a cooperative development program between Raytheon and
the United Arab Emirates.
- Digital semiactive laser technology provides precision accuracy
at low cost for 2.75-inch/70 mm rockets.
- TALON's versatility allows for sea, air and ground launch
applications.
About MESKO S.A.
MESKO S.A. is supplying the
Polish Armed Forces and other units responsible for national
security with highly advanced and of high quality ammunition and
missiles by introducing high technology.
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 @raytheon.
Media Contact
John
Eagles
+1.502.364.6768
rmspr@raytheon.com
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SOURCE Raytheon Company