Raytheon Secures DARPA Deal

Raytheon (NYSE: RTN) won a $7 million contract to fund its role as Mission Systems Integrator for Phase I of the Defense Advanced Research Projects Agency Persistent Close Air Support project.

According to the Department of Defense, “Raytheon’s proposed PCAS solution will develop technologies that significantly reduce the timeline for close air support through improved coordination among Joint Terminal Attack Controllers, airborne sensors and weapons.”

“Raytheon has an excellent understanding of the challenges involved in the close air support mission because of our experience designing and integrating weapons for manned and unmanned aircraft systems, ” said Bob Francois, vice president of Raytheon Advanced Missiles and Unmanned Systems. “As a Mission Systems Integrator, we focus on designing to the desired effect instead of fixating on the platform.”

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