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Raytheon Receives $125M from AF and MDA for Radar Upgrade; Dave Gulla Comments

Raytheon Co. (NYSE: RTN) has won a $125.3 million contract to modernize the Air Force early warning radar system in Clear, Alaska, the company announced today.

The Missile Defense Agency and the Air Force awarded Raytheon the contract to equip large phased-array radars with the new capability of providing targeting data used to shoot down incoming ballistic missiles.

Dave Gulla, VP of Global Integrated Sensors for Raytheon’s Integrated Defense Systems business said Raytheon has upgraded EWR systems in California, U.K. and Greenland, utilizing seven decades of experience in radar design and development to help protect the U.S. and allies from enemy missiles.

Raytheon was awarded another contract to update EWR’s for the Air Force in July.

Raytheon said the upgraded EWRs will continue to provide early warning of missile launches and space surveillance.

The EWR upgrade which is estimated to run until 2017, will utilize existing phased-array radar face and supply additional enhanced electronics and software in order to improve performance and detection.

Meanwhile, currently fielded EWRs will carry on with operation and protecting the U.S. and other allies.

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