TUCSON, Ariz., June 12, 2017 /PRNewswire/ -- The U.S. Army
awarded Raytheon Company (NYSE: RTN) a $116.4 million contract to enter the
technological maturation and risk reduction phase of the Long-Range
Precision Fires program.
LRPF is a new, longer-range surface-to-surface weapon that can
defeat fixed land targets out to 499 kilometers which replaces the
existing Army Tactical Missile System. Raytheon's LRPF solution,
named DeepStrike:
- fires two missiles from a single weapons pod
- lowers costs and increases capacity
- boosts range over current systems by more than 40
percent
"Raytheon can develop, test, and field this new capability and
deliver it to the Army ahead of current expectations to replace
aging weapons," said Dr. Thomas
Bussing, vice president of Raytheon's advanced missile
systems product line. "LRPF gives soldiers on the battlefield
overmatch capability against adversaries."
The technological maturation and risk-reduction phase includes
testing missile components to be sure the design is ready for
engineering and manufacturing development and live-fire
demonstrations by the end of 2019.
DeepStrike will offer the U.S. Army the capability to implement
future upgrades that will increase its versatility for future
battlefield requirements.
About Raytheon
Raytheon Company, with 2016 sales of
$24 billion and 63,000 employees, is
a technology and innovation leader specializing in defense, civil
government and cybersecurity solutions. With a history of
innovation spanning 95 years, Raytheon provides state-of-the-art
electronics, mission systems integration, C5ITM products and
services, sensing, effects, and mission support for customers in
more than 80 countries. Raytheon is headquartered in
Waltham, Massachusetts. Follow us
on Twitter @Raytheon.
www.raytheon.com
Media Contact
Lorenzo R.
Cortes
+1.520.746.2156
rmspr@raytheon.com
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SOURCE Raytheon Company