Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Raytheon Company    RTN   US7551115071

RAYTHEON COMPANY (RTN)

37
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Raytheon : Anaren Awarded $8.3 Million Initial Contract by Raytheon to Support U.S. Navy's Air and Missile Defense Radar Program (AMDR)

04/07/2014 | 10:34am US/Eastern

Syracuse, NY (PRWEB) April 07, 2014

Anaren, Inc. announced today that it has been awarded an $8.3 million contract from Raytheon Integrated Defense Systems to support the initial Engineering and Manufacturing Development (E&MD) phase of Raytheon's contract for the U.S. Navy's next-generation integrated Air and Missile Defense Radar (AMDR).

Awarded in March 2014 and extending through March 2015, the E&MD contract involves the first design and build activity related to the beamformer hardware that the Company is contributing to the program. The E&MD contract is part of the larger Low Rate Initial Production (LRIP) phase of the program, which Anaren values at approximately $110 million over 10 years if all options are exercised. Following the LRIP, full-scale production will commence and is expected to last for roughly 20 years.

Raytheon was selected by the Navy to build, integrate, and test the Navy's new open, highly scalable, and energy-efficient advanced radar system for the detection of ballistic missiles and air/surface targets. Anaren provides its unique beamformer technology and packaging techniques in support of the program – important tools in helping the radar achieve its mission requirements.

The majority of work under the current and anticipated future contracts is expected to be performed at Anaren'sSyracuse facility, with additional support provided by its facilities in Salem, NH and Littleton, CO.

AMDR is the Navy's next-generation integrated air and missile defense radar and is being designed for Flight III Arleigh Burke-class (DDG 51) destroyers beginning in 2016. AMDR consists of an S-band radar, an X-band radar and a Radar Suite Controller (RSC). 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.

ABOUT ANAREN
Anaren, Inc. designs, manufactures and sells complex microwave signal distribution networks and components for the wireless communications, satellite communications and defense electronics markets. Additional information can be found on the company's website.

Read the full story at http://www.prweb.com/releases/anaren/raytheon/prweb11703057.htm

(c) 2014 PRWEB.COM Newswire

Latest news on RAYTHEON COMPANY
2d ago RAYTHEON : Federal Contracts Awarded by Federal Agencies in Florida (Oct. 24)
2d ago RAYTHEON : Federal Contracts Awarded to Companies in Arizona (Oct. 24)
2d ago RAYTHEON : Federal Contracts Awarded by Federal Agencies in Michigan (Oct. 24)
2d ago RAYTHEON : Federal Contracts Awarded to Companies in Indiana (Oct. 24)
2d ago RAYTHEON : SM-6s intercept targets in 'engage on remote' tests
2d ago RAYTHEON : continues as FAA satellite-based augmentation system contractor
2d ago RAYTHEON : and Thales to upgrade UK MOD Mode 5 Identification Friend or Foe capa..
3d ago RAYTHEON : Advanced Routers to Strengthen Patriot Missile Prowess
3d ago MDA to Update US Air Force's Flight Safety System to Include Satellite Naviga..
3d ago LOCKHEED MARTIN : Federal Contracts Awarded to Companies in Texas (Oct. 23)
Advertisement
Chart
Duration : Period :
Raytheon Company Technical Analysis Chart | RTN | US7551115071 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF