Raytheon to produce more Aegis Radar equipment

NATIONAL HARBOR, Md., 18 April 2012. The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $106.4 million modification to a previously awarded contract for the production of Aegis-related equipment, including the AN/SPY-1(D)V radar transmitter and MK99 Mod 14 Fire Control System.

The work will support DDG 116, the next planned ship of the Arleigh Burke-class of destroyers, as well as the Aegis Ashore missile defense system. Raytheon's AN/SPY-1 radar transmitters and MK99 Fire Control System, both elements of the Aegis system, have been in production for over 30 years as part of the U.S. Navy's Aegis shipbuilding program.

The AN/SPY-1 and the MK99 are currently aboard the U.S. Navy's fleet of cruisers and destroyers, as well as Japanese Kongo-class destroyers, Spanish F-100-class frigates, and South Korean KDX-111 King Sejong the Great-class destroyers. The AN/SPY-1 radar will also be deployed by the Royal Australian Navy's future Air Warfare Destroyer. Raytheon Australia serves as the combat systems integrator for AWD.

Work on this contract will be performed at Raytheon IDS' Surveillance and Sensors Center, Sudbury, Mass.; Seapower Capability Center, Portsmouth, R.I.; and Integrated Air Defense Center, Andover, Mass.