RTN Raytheon Co

By Michael Dabaie

Raytheon Co. (RTN) said it would work with WEY Technology to co-develop the next-generation air traffic controller workstation called Multi-platform ATC Re-hosting Solution, or MARS.

Currently in the U.S., air traffic controllers use Raytheon's Standard Terminal Automation Replacement System, or STARS, the company said. The Raytheon-WEYTEC team is aiming to replace the current systems, and similar ones abroad, with workstations that integrate flight-critical applications, such as surveillance, weather, flight and airport data, onto touchscreens for enhanced airspace management, the company said.

WEYTEC is a Swiss data visualization and operator control solutions company.

Raytheon shares were up 1.3% to $201.94 in afternoon trading.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

October 16, 2019 15:19 ET (19:19 GMT)

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