Raytheon has been awarded a $327m contract to exercise options for ‘Air and Missile Defense Radar Program’ Low Rate Initial Production.
Raytheon’s Tad Dickenson, director of the Air and Missile Defense Radar programme said:
“Progressing to production is the result of a lot of hard work and dedication from our AMDR team of experts across Raytheon, the Navy, and our world-class suppliers. In just over three years of the Engineering, Manufacturing and Development phase, we’ve gone from a technology demonstrator to a technically mature, highly advanced, functioning radar.
Production begins today – which brings us one day closer to delivering this needed, and unprecedented, integrated air and missile defence capability to the Navy.”
Raytheon’s decades of radar development and manufacturing expertise is driven by what the company call a ‘proven infrastructure and a highly experienced workforce.’
Raytheon, with 2016 sales of $24 billion and 63,000 employees, specialises in defence, civil government and cybersecurity solutions.