TEWKSBURY, Mass., Oct. 10, 2013 

Raytheon Awarded US Navy Next Generation Air and Missile Defense Radar Contract

Raytheon Company (NYSE: RTN) has been awarded a $385,742,176 cost-plus-incentive-fee contract for the engineering and modeling development phase design, development, integration, test and delivery of Air and Missile Defense S-Band Radar (AMDR-S) and Radar Suite Controller (RSC). AMDR is the Navy's next generation integrated air and missile defense radar and is being designed for Flight III Arleigh Burke (DDG 51) class destroyers beginning in 2016.

AMDR consists of an S-band radar, an X-band radar and a Radar Suite Controller. AMDR-S is a new development integrated air and missile defense radar designed for long range detection and engagement of advanced threats. The X-band radar is an existing horizon-search radar. The RSC provides S- and X-band radar resource management, coordination and interface to the Aegis combat system.

Under the contract, Raytheon will build, integrate and test the AMDR-S and RSC Engineering Development Models (EDMs). For the ship sets covered under this contract, the AMDR suite will integrate with the existing AN/SPQ-9B X-band radar. The base contract begins with design work leading to Preliminary Design Review and culminates with system acceptance of the AMDR-S and RSC engineering development models at the end of testing.

This contract includes options which, if exercised, would bring the cumulative value of this contract to$1,633,363,781. Previously appropriated FY13 funding in the amount of $156,960,000 will be obligated at time of award. This contract includes options for manufacturing low-rate initial production systems which may be exercised following Milestone C planned for fiscal year 2017.

This contract was awarded following a full and open competition, with three offers received.

About Raytheon

Raytheon Company, with 2012 sales of $24 billion and 68,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 91 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. Raytheon is headquartered inWaltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.

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SOURCE Raytheon Company