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4-Traders Homepage  >  Equities  >  Nyse  >  Raytheon Company    RTN

Delayed Quote. Delayed  - 05/03 08:03:37 pm
126.11 USD   -0.81%
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Raytheon : ramps up deliveries of small unmanned air systems

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05/03/2016 | 05:01pm CEST

NEW ORLEANS, May 3, 2016 /PRNewswire/ -- Responding to growing warfighter demand, Raytheon Company (NYSE: RTN) has increased deliveries of its small unmanned aircraft systems. The company has also formed a new UAS directorate within the Advanced Missile Systems product line in Tucson, Arizona, that combines expertise in small UAS airframe and integration, with mission payload, command and control, and technology from across the company.

"Demand for our UAS platforms continues to grow as we deliver innovative unmanned solutions to a wide range of customers," said Dr. Thomas R. Bussing, vice president of Raytheon's Advanced Missile Systems product line. "This new directorate links company talents in aerodynamic design, propulsion systems, ground stations and a variety of mission payloads into one team that will enable us to deliver even better solutions to our customers."

Raytheon produces the Coyote® and SilverFox UAS platforms.

Designed to be a low-cost, expendable solution, the Coyote UAS is tube-launched and can be deployed from aircraft at altitude, the deck of a ship, or from the ground. It is ideal for performing intelligence, surveillance and reconnaissance (ISR) missions, while the host craft remains at a safe distance.

The Silver Fox is an expeditionary UAS that is a cost-effective solution for small footprint, tactical mobile operations. Deployed around the world, it has consistently proven to be a highly effective ISR platform.

"We are focused on tactical, expeditionary systems providing users with cost-effective, affordable solutions that can be operated organically with a very minimal logistics footprint," said Pete Mangelsdorf, Raytheon Unmanned Aircraft Systems director. "We are heavily engaged in UAS autonomy and MUM-T, or manned-unmanned teaming, as we continue to expand in this market space."

About Raytheon

Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I(TM) products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Visit us at www.raytheon.com and follow us on Twitter @Raytheon.

Media Contact
Tara Wood
+1.520.794.7715

rmspr@raytheon.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/raytheon-ramps-up-deliveries-of-small-unmanned-air-systems-300261424.html

SOURCE Raytheon Company

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