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Kevin Peppe: Raytheon to Complete Electronics on “Most Technologically Advanced Surface Combatant in Naval History”

Raytheon logoRaytheon (NYSE: RTN) has been awarded $75 million in contract funds to finish building hardware and other electronics for the first two ships in the U.S. Navy‘s Zumwalt class of destroyers.

The company has completed all equipment production work for the DDG 1000 ship and is 95 percent through production work for the DDG 1001 ship, Raytheon said Thursday.

“As systems and deliveries complete, and integration and testing continue, we are advancing closer to demonstrating the capabilities of the most technologically advanced surface combatant in naval history,” said Kevin Peppe, vice president of Raytheon’s seapower capability systems business area.

DDG 1000 entered the water on Oct. 28 2013 at the General Dynamics (NYSE: GD) subsidiary’s Bath Iron Works shipyard in Maine, where Raytheon’s ship integration and test team will work with the Bath Iron Works to integrate and test the systems.

Under the new round of funds, Raytheon will complete building electronics for DDG 1001’s sonar suite, caniser electronics and uptake kits for the MK 57 Vertical Launching System.

Funding also covers advanced procurement of electronic modular enclosure shelters for the DDG 1002 ship.

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