Monday, April 6, 2009

Raytheon Garners $163.5 Million to Modernize Bradley Vehicle Surveillance Capability

Raytheon Garners $163.5 Million to Modernize Bradley Vehicle Surveillance Capability

MCKINNEY, Texas, April 6, 2009 - Raytheon Company (NYSE: RTN ) received two contracts totaling $163.5 million to provide 360-degree panoramic surveillance capability for Bradley fighting vehicles.

The firm-fixed price awards call for 822 Commander's Independent Viewer Block 1 units and spares to equip the U.S. Army Bradley A3.

"Raytheon's CIV is a 360-degree azimuth panoramic surveillance sight that gives the Bradley fighting vehicle improved hunter and killer capabilities," said Kass Flockerzy, Raytheon program manager for the viewer. "CIV increases situational awareness and weapon effectiveness for the Bradley commander, and it contributes to overall force protection and mission execution."
Raytheon Network Centric Systems has delivered more than 1,800 CIVs. The viewer is a second-generation infrared vision system for the Bradley fighting vehicle that provides the commander with a 360-degree battlefield view and includes enhanced capabilities for early threat detection from longer stand-off ranges.

"These CIV orders contribute to the modernization efforts that will keep Bradley vehicles mobile, operational and available to our forces," added Flockerzy.
The work under these two awards will be managed by Network Centric Systems in McKinney, Texas.

Raytheon Company, with 2008 sales of $23.2 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 87 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:
Raytheon received two CIV contracts from BAE Ground Systems division: a $123 million order for 620 units let Feb. 20, 2009, and a $40.5 million award for 202 units received Feb. 26, 2009.
Contact: Dave Desilets 972.952.2239

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