Raytheon Awarded $38 Million U.S. Air Force Delivery Order to Modify Weapons Training Equipment
INDIANAPOLIS, Feb. 10, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $37.9 million delivery order from the U.S. Air Force to modify weapons data link equipment used in pilot training for F-15 fighter aircraft.
This is the second delivery order under a 2007 indefinite-delivery, indefinite-quantity (IDIQ) contract awarded to Raytheon Technical Services Company LLC (RTSC) for the Air Force Training Frequency Relocation (TFR) program. TFR is the Air Force's initiative to modify GBU-15/AGM-130 weapons data link equipment to comply with federal reallocation of radio frequencies from governmental to commercial use. The first delivery order, issued concurrently with the 2007 IDIQ contract award, was valued at $31.8 million and covered nonrecurring engineering work on the program.
"We have extensive experience working on data link equipment, from designing, engineering and manufacturing new systems, to repairing and upgrading existing data links," said Wayne Iurillo, RTSC vice president of Customized Engineering and Depot Support. "This contract draws on the depth of our experience, the breadth of our expertise, and the strength of our commitment to providing the very best products, systems and services to our customers."
Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 88 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 75,000 people worldwide.
Gerald L. Petrie
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