TUCSON, Ariz., Aug. 14, 2015 /PRNewswire/ -- The U.S.
Missile Defense Agency awarded Raytheon Company (NYSE: RTN) a
$9,775,608 competitive
cost-plus-fixed-fee contract for a Multi-Object Kill Vehicle
concept that can destroy several objects within a threat complex by
considering advanced sensor, divert and attitude control and
communication concepts.
"We fully support the Missile Defense Agency's goal of
increasing the effectiveness and reliability of our homeland
defense by exploring a wide range of capabilities against
long-range ballistic missiles and using proven technologies
combined with innovative designs," said Dr. Thomas Bussing, vice president of Advanced
Missile Systems.
Raytheon will define critical functional aspects of the concept
and propose risk mitigation activities by assessing the technical
maturity of the concept, prioritizing and nominating risk reduction
tasks for all critical components and describing how the tasks will
reduce risk. In addition, a proof-of-concept prototype
demonstration program will be defined.
The work will be performed in Tucson,
AZ and Huntsville, AL, by
Raytheon's Advanced Missiles product line with an estimated
completion date of May 2016.
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 www.raytheon.com
and follow us on Twitter @raytheon.
Media Contact
John
Patterson
+1.520.440.2194
rmspr@raytheon.com
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SOURCE Raytheon Company