Author: Joanna Crews|| Date Published: February 1, 2018
Raytheon (NYSE: RTN) has received a $235 million initial task order from the U.S. Army to modernize the Phased Array Tracking Radar Intercept on Target system.
The award represents the first of five annual orders the Army would issue annually as part of a potential five-year, $2.3 billion Patriot system-of-systems engineering support contract the Defense Department unveiled Tuesday, Raytheon said Wednesday.
Tom Laliberty, vice president of Raytheon’s integrated air and missile defense business, said that 14 U.S. partner nations agreed to share Patriot cost upgrades as part of efforts to address sophisticated threats.
The company will develop threat search, detection, tracking, identification, engagement and interception methods, as well as training aids such as high fidelity virtual simulators.
Raytheon added it will update the air and missile defense system’s electronic countermeasures, combat identification capability, higher echelon systems interoperability functions.
The countries funding the PATRIOT modernization are:
Radiance Technologies has elevated Darien Hammett to chief operating officer, placing him in charge of daily operations and execution across the company.…
latter’sRocket Lab announced Tuesday it has completed the acquisition of Mynaric, a laser-optical communications terminal provider, in a $155.3 million…
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Raytheon (NYSE: RTN) has received a $235 million initial task order from the U.S. Army to modernize the Phased Array Tracking Radar Intercept on Target system.
