Raytheon Awarded $59 Million Contract for Cooperative Engagement Capability Program
MARLBOROUGH, Mass., May 9 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $59 million contract for work on the Cooperative Engagement Capability (CEC) program. The Naval Inventory Control Point contract provides for logistics support for CEC USG-2 shipboard equipment sets to include supply, repair and life cycle support.
CEC provides robust capability to naval air and missile defenses by distributing force level sensor and weapons data in a new and significantly different manner. It pools high quality tracking data from participating sensors and distributes the data to all others in a filtered and shared state. The result is a powerful and detailed air picture based on all sensor data available that provides early detection and more consistent tracking of air contacts. Work on the contract will be performed at Raytheon facilities in St Petersburg and Largo, Fla.
Raytheon Company, with 2006 sales of $20.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 85 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 a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
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