July 20, 2010
FARNBOROUGH, England, - The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a five-year, $250 million indefinite delivery-indefinite quantity contract for support of the V-22 aircraft. Tasks under the contract include V-22 avionics systems software, situational awareness software and prototype hardware, and avionics acquisition support for the customer.
"Raytheon has supported the V-22 program for more than 27 years," said Wayne Iurillo, vice president of Customized Engineering and Depot Support for Raytheon Technical Services Company LLC. "Our mission avionics software capabilities have been a key aspect of the successful development and deployment of the aircraft, and we are proud of our role in providing improved mission capabilities for the warfighter."
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Contract win, Raytheon (NYSE:RTN), V-22 Osprey
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