Raytheon Secures $580M Radar Systems Subcontract

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Boeing plans to start delivering F/A-18F fighter planes with the radar to the U.S. Navy by next April.

El Segundo CA (SPX) Jun 29, 2005
Raytheon announced a $580 million, multiyear subcontract to make 190 radar systems for Boeing and a $22.1 million U.S. Army deal to make artillery projectiles.

Raytheon's Space & Airborne Systems division in El Segundo, Calif. will supply APG-79 AESA netcentric enabled radar systems to the Chicago-based Boeing over the next five years.

Boeing plans to start delivering F/A-18F fighter planes with the radar to the U.S. Navy by next April.

Raytheon's APG-79 radar represents a quantum leap in sensor technology, said Raytheon's Space and Airborne Systems vice president Erv Grau in a statement.

"Securing this key contract with our customer, Boeing, so soon after our early delivery of the first radar, highlights the company's confidence in our AESA program," said Grau in a statement.

In January, the Waltham, Mass.-headquartered Raytheon made its first delivery of the radar to Boeing's Integrated Defense Systems unit.

Raytheon's Missile Systems unit in Tucson, Ariz., will make the satellite-guided Excalibur artillery projectiles for howitzer cannons.

Under the terms of the deal, Raytheon will provide initial Excalibur products by fiscal 2006, which is more than three years ahead of Army projections for full operational capability for the Excalibur.

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