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Raytheon

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RTN

Raytheon Receives Contract for Ship Self Defense System Support

January 08, 2014 at 10:42 pm

Raytheon has been awarded a $41,585,979 modification to a previously awarded cost-plus-incentive-fee contract for fiscal 2014-2017 for continuing Platform Systems Engineering Agent support of the Ship Self Defense System (SSDS) MK 2 to complete development of CVN/Amphibious Modernization Advanced Capability Build 12/Technical Insertion 12. Fiscal 2014 research, development, test and evaluation funds in the amount of $13,500,000 will be obligated at time of award and will not expire at the end of the current fiscal year. Work will be performed in San Diego, Calif., and Middletown, R.I., and is expected to be completed by September 2017.

The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

Latest news about Raytheon

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Raytheon Technologies Announces Executive Changes	09/12/21	CI
Raytheon Technologies Announces Resignation of Thomas A. Kennedy, Executive Chairman of the Board of Directors	25/04/21	CI
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Raytheon Company Reports Earnings Results for the First Quarter Ended March 29, 2020	07/05/20	CI
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U.S. Air Force Selects Raytheon Company for Long-Range Standoff Missile Development	20/04/20	CI
Raytheon Company(NYSE:RTN) dropped from S&P Global 1200	06/04/20	CI

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Company Profile

Raytheon specializes in the design, manufacturing and marketing of electronic defense equipment and systems. Net sales break down by family of products and services as follows: - missile systems (29.2%): weapons systems, missiles, munitions, projectiles, etc.; - integrated air and missile defense systems (23.4%): radars systems, control and monitoring equipments, communication, information, detection and imaging systems, etc.; - aerospace systems (23.1%): radars, airborne sensors, tactical airborne communications systems, software-defined radio solutions, advanced tactical networking systems, cryptographic systems, real-time sensor networking systems, etc.; - intelligence, surveillance and reconnaissance solutions and services (22.1%). The group also provides network systems (communication, surveillance, traffic control systems, etc.) and technical services (consulting, engineering, technical assistance and training services etc.); - network and information security solutions and services (2.2%). Net sales break down geographically as follows: the United States (70.6%), Middle East and North Africa (14%), Asia/Pacific (9.3%) and other (6.1%).

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