Wall Street PR

Raytheon Company (NYSE:RTN) Awarded $19.5 Million Contract By The U.S. Air Force

Boston, MA 10/08/2014 (wallstreetpr) – Raytheon Company (NYSE:RTN) was awarded an engineering and manufacturing development contract by the U.S. Air Force.

The U.S. Air Force has assigned Raytheon a $19.5 million deal. According to an article reported by the PR Newswire, the deal demands the company to build expeditionary radar that is aimed at detecting, identifying and tracking aircraft, missiles and drones. Including all possibilities, the total contract is anticipated to be around $71.8 million. It includes the obtaining of another three radar systems so as to add up to a total of six such systems. Apart from this, the costs include the expenses required for product support.

About 3DELRR

Raytheon Company (NYSE:RTN)’s radar system is called 3DELRR, short for ‘Three Dimensional Expeditionary Long Range Radar.’ It is among the first endeavors of the Better Buying Power initiative of the DoD. The current program aims at enhancing the exportability while allowing the U.S. forces and its allies to take advantage of the system.

The company’s product 3DELRR system is a gallium nitride (GaN)-based system which functions in the C-band of the radio frequency spectrum. Raytheon claims that GaN enabled to develop a system with increased range, better search abilities and more sensitivity. At the same time, the company said, that the system is cost effective. In addition, the C-band spectrum allows the military to work with better flexibility. This is because this band of the spectrum is relatively less congested.

Updating Old Systems

In this context, Raytheon Company (NYSE:RTN) Integrated Defense Systems’ VP of Global Integrated Sensors, David Gulla, said that the Air Force has chosen an affordable and exportable radar. The 3DELRR has the benefits of being operable with coalition systems and it also fulfills the needs of major international customers.

The Air Force seeks to replace systems like the Vietnam-era AN/TPS-75 with the new 3DELRR because the old systems are unable to provide security against emerging or even current risks.