Wall Street PR

Raytheon Co. (NYSE:RTN) Bids For Primary Roll In TALOS

Boston, MA 11/05/2013 (wallstreetpr) – The aerospace and defence supplies major Raytheon Co. (NYSE:RTN) seems to be betting big on the likely hood of products which have a big likeliness to Iron Man Suits. The company expects to land its next multibillion dollar contracts based on this product range.

If the exploding numbers of articles in the trade magazines are to be believed Pentagon sees a lot of potential in leveraging the concept of a suite made of cutting edge technology to meet the needs of its special forces. The trade magazines have gone on record to state that – concept papers have been invited by the U.S. Army. It expects to deploy these first gen protective gears to start as early as 2014. The project involves developing what is being termed as ‘Tactical Assault Light Operator Suit’ (Talos) to augment the defences of U.S army’s special operation team members.

These suites as per the U.S Army specs need to provide protection from bullets as well as act as a receptor. It will capture live feeds from overhead satellites and drones and project it to the helmet visors of the wearers. The design requirements specify that these iron cast shells should have the option to self-power by helping soldiers lug around the heavy weights easily. Los Angeles Times has quoted defence experts in the know that, these futuristic iron framed body armour will come equipped with options to carry oxygen supply. This will help the soldiers to ward off as well as overcome poison gas attacks via in-built AC systems. The AC systems are provided to keep soldiers wearing this body armour comfortable.

The news reports have conveyed that this project is being driven out of Tampa based MacDill Air Force Base and is co-ordinated by U.S. Special Operations Command. Analysts feel Raytheon has an inside track on this project since the defence major with a market cap of $27.13 billion has been developing a similar “exoskeleton system” that is designed to help soldiers carry and move heavy weights over the past several years.

Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email (brendanbyrne@cablemanpro.com) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).