Tuesday, July 20, 2010

Raytheon Expands International Electronic Warfare Business with Egyptian Air Force Contract Win

Raytheon Expands International Electronic Warfare Business with Egyptian Air Force Contract Win
July 20, 2010

FARNBOROUGH, England, - Raytheon Company's (NYSE: RTN) newest integrated electronic warfare suite "ACES" has been selected by the Egyptian Air Force to provide self-protection capabilities for its F-16 aircraft. The EAF recently agreed to purchase 20 Block 52 F-16 aircraft from prime contractor Lockheed Martin.

Raytheon has been successful in expanding its international business in recent years. Important wins in this market include the selection of ACES for the Moroccan Air Force's F-16s and Lockheed Martin's reliance on another of Raytheon's integrated electronic warfare suites for its F-16 bid in the current India fighter competition.

Under Egypt's Peace Vector VII program, Raytheon will provide Lockheed Martin with electronic warfare systems for the F-16 contract as well as related spares and maintenance support.

ACES is Raytheon's latest advanced countermeasures electronic system, comprising a radar warning receiver, jammer and chaff-flare dispenser. This highly effective system is Raytheon's latest offering for F-16 and other customers.

"The need for advanced, extremely accurate electronic warfare technology continues to be a critical element for every warfighter operating in a combat environment today. Our ACES self-protection system will identify potential threats, pinpoint their locations and jam them," said Scott Jackson, general manager for Raytheon's Electronic Warfare Systems business. "ACES delivers the latest capabilities in enhanced situational awareness and supports improved survivability to aircrews as they operate in ever more challenging environments."

Raytheon's electronic warfare systems -- including towed decoy systems, radar warning receivers and integrated suites -- are currently deployed on U.S. and international aircraft worldwide.

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