We get a shout out here:
U.S. Air Force Awards Raytheon $170 Million Contract for Infrared-Guided Maverick Missiles
Copyright 2010 PR Newswire. All Rights Reserved
2010-02-03
TUCSON,Ariz., Feb. 3, 2010 /PRNewswire/ -- The U.S. Air Force awarded Raytheon
Company (NYSE: RTN) a $170million Foreign Military Sales contract to produce
AGM-65D and AGM-65G2 infrared-guided Maverick air-to-surface missiles for the
United Arab Emirates.
The AGM-65 Maverick family of precision-attack missiles is used by the air,
naval and marine forces of 33 countries. More than 69,000 missiles have been
produced to date, and more than 6,000 have been used in combat with a 93 percent
success rate.
"Raytheon's Maverick is an affordable, combat-proven missile integrated on more
than 25 aircraft with a history of on-cost and on-schedule delivery," said Harry
Schulte, vice president of Raytheon Missile System's Air Warfare Systems'
product line. "While the Maverick family is a best-value solution for the
warfighter who needs a direct-attack weapon, the infrared-guided Maverick is
ideally suited to counter high-speed maneuvering sea targets such as swarming
boats."
Raytheon will build and provide life-cycle support for more than 500 new
missiles. The company began production of the missile's IR guidance and control
sections in November 2008.
Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation
leader specializing in defense, homeland security and other government markets
throughout the world. With a history of innovation spanning 88 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 75,000
people worldwide.
Note to Editors:
Raytheon's family of Maverick missiles provides more than 250 jobs in Tucson,
Ariz.; Goleta, Calif.; and Farmington, N.M.
Scores of Raytheon suppliers associated with the Maverick program provide
employment to hundreds of people across the U.S.
Major suppliers include Alliant Tech Systems, Rocket Center, W. Va.; BAE
Systems, Lexington, Mass.; Eagle Picher, Joplin, Mo.; Ensign Bickford, Simsbury,
Conn.; Kaman Aerospace, Middletown, Conn.; MOOG, Inc., Salt Lake City, Utah;
MOOG, Inc., East Aurora, N.Y.; Primus Technologies, Williamsport, Pa.; Reynolds
Systems, Middletown, Calif.; Woven Electronics, Greenville, S.C.
Contact:
Mike Nachshen (Singapore) Nicole Stewart (U.S.A.)
520.269.5697 520.437.1975
michael_nachshen@raytheon.com Nicole.Stewart@raytheon.com
