TUCSON, Ariz., July 1, 2015 /PRNewswire/ -- The U.S. Army
Contracting Command – Warren recently awarded Raytheon Company
(NYSE: RTN) the TACOM Strategic Service Solutions (TS3) indefinite
delivery/indefinite quantity (IDIQ) contract. The five-year
multiple-award vehicle has a ceiling value of $634 million.
The agreement covers future work on sensors, fire control
systems, active protection systems, and robotics and autonomous
systems for a variety of U.S. Army platforms.
"This contract award represents a major milestone in Raytheon's
efforts to deliver vehicle-borne sensors and effectors," said
Tom Bussing, vice president of
Raytheon's Advanced Missile Systems product line. "Our customer is
one of the Army's largest weapon systems research, development and
sustainment organizations as well as the center of excellence for
the Defense Department in the area of ground vehicles and ground
robotics."
This is the first such contract awarded by the Contracting
Command to Raytheon Company as a prime contractor. The TS3 contract
will be managed in the Raytheon IDIQ Service Center to ensure
efficiency and contract optimization by the entire company and its
teammates. It is anticipated the majority of the task orders will
be performed by Raytheon's Missile Systems business in Tucson.
About Raytheon
Raytheon Company, with 2014 sales of $23
billion and 61,000 employees worldwide, is a technology and
innovation leader specializing in defense, civil government
and cybersecurity 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 cybersecurity 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