COLORADO SPRINGS, Colo.,
Sept. 2, 2015 /PRNewswire/
-- Raytheon (NYSE: RTN) will speed up growth of its
Colorado Springs presence after
signing a $700 million multi-year
indefinite-delivery/indefinite-quantity contract to support
operations at NORAD's Cheyenne Mountain Complex.
Under the NORAD Integrated Space Support Contract (NISSC),
Raytheon will provide 24/7 support to warning and attack assessment
systems for air, missile and space threats. The contract was
initially awarded to Raytheon in April
2015; however, protest activity delayed its execution. The
Government Accountability Office denied the most recent protest on
August 25.
Raytheon has recently taken steps to ensure a successful
transition of the contract, holding recruiting events in
Colorado Springs and other
locations and acquiring additional office space. The company plans
to hire up to 700 employees in Colorado
Springs by the end of 2016. Recruiting day events are
planned for the coming weeks, and construction on new office space
will be quickly completed.
"With the protest behind us, Raytheon can now focus even more on
ensuring a seamless program transition and, in partnership with the
Air Force, delivering innovative, efficient operations, maintenance
and sustainment," said Todd Probert,
vice president of mission support and modernization at Raytheon
Intelligence, Information and Services. "We are focused on
expanding our support to the Air Force in Colorado Springs, investing in our employees
and enhancing the local community."
Last month, Raytheon announced a partnership with the
Colorado Springs-based Space
Foundation. The multi-year commitment will focus on science,
technology, engineering and math (STEM) education programs.
Raytheon will bring its MathAlive! exhibit to the Space
Foundation's Discovery Center in 2016.
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 Contacts
Raytheon
Jason Kello
+1.571.250.1428
iispr@raytheon.com
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SOURCE Raytheon