{"id":33187,"date":"2014-10-08T09:03:12","date_gmt":"2014-10-08T13:03:12","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=33187"},"modified":"2014-10-08T09:03:12","modified_gmt":"2014-10-08T13:03:12","slug":"raytheon-company-nysertn-awarded-19-5-million-contract-by-the-u-s-air-force","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/raytheon-company-nysertn-awarded-19-5-million-contract-by-the-u-s-air-force-33187","title":{"rendered":"Raytheon Company (NYSE:RTN) Awarded $19.5 Million Contract By The U.S. Air Force"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 10\/08\/2014 (wallstreetpr) \u2013\u00a0<strong>Raytheon Company (NYSE:RTN)<\/strong> was awarded an engineering and manufacturing development contract by the U.S. Air Force.<\/p>\n<p style=\"text-align: justify;\">The U.S. Air Force has assigned Raytheon a $19.5 million deal. According to an <a href=\"http:\/\/www.prnewswire.com\/news-releases\/raytheon-awarded-contract-to-build-new-us-air-force-radar-278291771.html\" target=\"_blank\">article<\/a> 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.<\/p>\n<p style=\"text-align: justify;\"><strong>About 3DELRR<\/strong><\/p>\n<p style=\"text-align: justify;\">Raytheon Company (NYSE:RTN)\u2019s radar system is called 3DELRR, short for \u2018Three Dimensional Expeditionary Long Range Radar.\u2019 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.<\/p>\n<p style=\"text-align: justify;\">The company\u2019s 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.<\/p>\n<p style=\"text-align: justify;\"><strong>Updating Old Systems <\/strong><\/p>\n<p style=\"text-align: justify;\">In this context, Raytheon Company (NYSE:RTN)\u00a0Integrated Defense Systems\u2019 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.<\/p>\n<p style=\"text-align: justify;\">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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 10\/08\/2014 (wallstreetpr) \u2013\u00a0Raytheon Company (NYSE:RTN) was awarded an engineering and manufacturing development contract by the U.S. Air Force. The U.S. Air Force has [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":33189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[10400,3742,3740],"stock_ticker":[],"class_list":["post-33187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-david-gulla","tag-nysertn","tag-raytheon-company-nysertn","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Raytheon Company (NYSE:RTN) Awarded $19.5 Million Contract By The U.S. Air Force - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/raytheon-company-nysertn-awarded-19-5-million-contract-by-the-u-s-air-force-33187\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raytheon Company (NYSE:RTN) Awarded $19.5 Million Contract By The U.S. Air Force - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 10\/08\/2014 (wallstreetpr) \u2013\u00a0Raytheon Company (NYSE:RTN) was awarded an engineering and manufacturing development contract by the U.S. Air Force. 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