Wednesday, April 21, 2010

Raytheon Awarded $19 Million U.S. Navy Missile Launcher Contract

Raytheon Awarded $19 Million U.S. Navy Missile Launcher Contract
April 21, 2010

INDIANAPOLIS, -- The U.S. Navy's Naval Air Systems Command has awarded Raytheon Company (NYSE: RTN) an $18.9 million firm-fixed-price contract to produce LAU-115D/A and LAU-116B/A missile launchers.

The launchers are used on Navy F/A-18E/F and E/A-18G aircraft. They provide the structural and electrical interfaces that allow the aircraft to carry and launch missiles such as the Advanced Medium-Range Air-to-Air Missile (AMRAAM) and AIM-9X Sidewinder.

The launchers will be built at the Raytheon Technical Services Company LLC facility in Indianapolis, Ind. Work on this contract is expected to be completed in September 2012.

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.

Note to Editors:

The AMRAAM and AIM-9X Sidewinder missiles are produced by Raytheon Missile Systems, Tucson, Ariz.

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