Tuesday, July 10, 2007 1:46:33 PM
The XM1111 Mid-Range Munition is a precision-guided, 120 mm, gun-fired smart ammunition that will provide a dual-mode, beyond-line-of-sight capability for Future Combat System's Mounted Combat System. Beyond-line-of- sight is an extension of the traditional direct-fire fight that enables stand- off engagements at greater ranges. With a beyond-line-of-sight capability, armored vehicle gunners can engage targets traditionally denied by intervening terrain or existing structures in an urban environment.
"Mid-Range Munition and the beyond-line-of-sight capability that it brings to the Future Combat System's Mounted Combat System are critical to the survivability and lethality of the Future Combat System Brigade Combat Team," said Jim Riley, Raytheon Land Combat Product Line vice president. "We are committed to bringing this critical capability to the Army."
Raytheon has diverse experience in complex munition and missile systems integration and a long standing relationship as a supplier to the U.S. Army. Raytheon continues to provide the U.S. Army with mission-effective battlefield solutions for the 21st century as most recently demonstrated by the combat- proven effectiveness of the Excalibur precision-guided cannon artillery projectile.
Raytheon has delivered more than 1.3 million precision-guided munitions during the last 50 years, and General Dynamics Ordnance and Tactical Systems has been involved with the development and production of more than 3 million 120 mm tank cartridges. This vast development and production experience coupled with the expertise gained in the development, production and fielding of Excalibur will ensure that the U.S. Army receives the world's best and only array of gun-fired, precision-guided weapons.
During the last three years, the Raytheon team worked closely with the Army's Armament, Development and Engineering Center at Picatinny Arsenal, N.J., and the Office of Program Management for Maneuver Ammunition Systems in a successful science and technology program. The program was aimed at maturing technologies necessary to enable Mid-Range Munition to enter into a low-risk systems design and development program.
In March 2007 , the Raytheon team successfully demonstrated a dual-mode seeker using a digital semi-active laser seeker and the imaging infrared sensor when its Mid-Range Munition successfully hit a T-72 tank at 5.2 kilometers (3.1 miles). This achievement was the capstone of a dual-mode seeker science and technology program that achieved its goals ahead of schedule and below cost.
Raytheon will evolve the proven and mature science and technology design into a producible tactical design that will meet or exceed all systems design and development contract requirements.
"Our team's familiarity with the integration of precision weapons, including sensor and fire control systems, reduces systems design, development, execution and platform integration risk for Mid-Range Munition," said William Patterson, Raytheon Mid-Range Munition program manager.
Raytheon Company , with 2006 sales of $20.3 billion , is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 85 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. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Note to Editors:
This proposal is in response to the Army's request for proposal W15QKN-07- R-0605, dated May 11, 2007 .
For more information about Raytheon's Mid-Range Munition, see the Raytheon Precision Guided Projectiles Web feature at www.raytheon.com/feature/pgp
Contact:
Everett Tackett, APR
520.794.9494
SOURCE Raytheon Company
investorshub.advfn.com/boards/board.asp?board_id=9996[tag]Volatility Arbitrage[/tag]
www.investorshub.com/boards/board.asp?board_id=1744[tag]W@G
Recent RTX News
- RTX's Raytheon awarded $736 million contract to produce AIM-9X missiles • PR Newswire (US) • 10/10/2024 12:00:00 PM
- RTX Board of Directors Declares Quarterly Cash Dividend • PR Newswire (US) • 10/09/2024 08:30:00 PM
- RTX's Raytheon completes hydrodynamic testing for the Barracuda Mine Neutralization System • PR Newswire (US) • 10/07/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2024 09:03:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2024 09:03:07 PM
- RTX to develop ultra-wide bandgap semiconductors for DARPA • PR Newswire (US) • 10/02/2024 01:00:00 PM
- RTX's Pratt & Whitney opens its largest Military Engines facility in Oklahoma City • PR Newswire (US) • 10/01/2024 06:30:00 PM
- RTX's Raytheon awarded U.S. Navy contract for Next Generation Jammer Mid-Band Expansion • PR Newswire (US) • 10/01/2024 01:30:00 PM
- RTX to release third quarter results on October 22, 2024 • PR Newswire (US) • 10/01/2024 12:00:00 PM
- RTX's Pratt & Whitney awarded F135 Engine Core Upgrade contract • PR Newswire (US) • 09/30/2024 10:32:00 PM
- RTX's Raytheon delivers Missile-Warning Sensor • PR Newswire (US) • 09/30/2024 02:00:00 PM
- RTX receives U.S. Navy contract for ESSM Block 2 Missiles • PR Newswire (US) • 09/30/2024 01:00:00 PM
- RTX's Raytheon completes first AN/TPY-2 radar for the Kingdom of Saudi Arabia • PR Newswire (US) • 09/25/2024 01:00:00 PM
- airBaltic and RTX's Pratt & Whitney Unveil Long-Term Engine Maintenance Deal • PR Newswire (US) • 09/23/2024 12:00:00 PM
- RTX's Collins Aerospace receives first-ever FAA approval to increase cockpit processing power • PR Newswire (US) • 09/18/2024 02:00:00 PM
- RTX's Raytheon selected to streamline production of SPY-6 Transmit/Receive modules • PR Newswire (US) • 09/17/2024 12:00:00 PM
- RTX's Raytheon, Northrop Grumman successfully test solid rocket motor • PR Newswire (US) • 09/12/2024 12:00:00 PM
- Norfolk Southern CEO Fired, Ryanair Lowers Fare Forecast, 23andMe Considers Acquisition Proposals • IH Market News • 09/12/2024 10:02:29 AM
- GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial • IH Market News • 09/11/2024 10:25:41 AM
- Apple Loses EU Dispute; Google’s $2.7 Billion Fine Upheld; Oracle Shares Surge 9% • IH Market News • 09/10/2024 10:02:31 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 08:09:38 PM
- Intuitive Machines Soars 18% on NASA Contract, Intel Considers Splitting Operations, Dell Reassesses Selling SecureWorks • IH Market News • 08/30/2024 10:00:08 AM
- RTX's SeaVue Multi-role Radar provides critical targeting data at RIMPAC • PR Newswire (US) • 08/28/2024 12:00:00 PM
- RTX President and CEO to present at the Morgan Stanley 12th Annual Laguna Conference • PR Newswire (US) • 08/28/2024 12:00:00 PM
- NSPA awards RTX's Raytheon a $478 million Patriot GEM-T missile contract • PR Newswire (US) • 08/06/2024 01:00:00 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM