COMPAQ AND RAYTHEON ENTER THREE-YEAR AGREEMENT VALUED UP TO $250 MILLION.Compaq (Compaq Computer Corporation, Houston, TX, www.compaq.com) Compaq was the leading PC manufacturer when it was acquired by HP in 2002. Founded in 1982 by Rod Canion, Jim Harris and Bill Murto, one year later the company shipped 53,000 PC-compatible COMPAQ Portables, resulting in $111 has been awarded a three-year partner agreement to provide Raytheon Raytheon Company (NYSE: RTN) is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics. Company (NYSE NYSE See: New York Stock Exchange : RTN RTN Return RTN Raytheon Company (stock symbol) RTN Research Training Network RTN Rotarian RTN Routing Transit Number RTN Recursive Transition Network RTN Register Transfer Notation RTN Radial Tangential Normal ) with Intel-based technology solutions at 196 sites in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The estimated value of this agreement is between $200 million and $250 million in sales. Under the agreement, Compaq will design and deliver custom configurations for desktops, notebooks, servers, and workstations, as well as enterprise and business-class storage -- all based on Intel technology. These solutions will be incorporated into Raytheon's internal IT infrastructure. "An agreement of this significance demonstrates Compaq's ability to establish deeper partnerships with our customers and deliver the most value. It goes well beyond manufacturing the latest hardware and serving as the technology supplier," said Compaq's Peter Blackmore, executive vice president, Sales and Services. "We appreciate the opportunity to extend Compaq's business partnership with Raytheon over the next three years in the U.S." This agreement is an extension to the previous U.S. agreement since Compaq has provided standard Intel-based solutions to Raytheon since 1998. Compaq is also a global supplier for Raytheon's operations internationally. Raytheon is a hybrid account that works with select partners and leverages direct sales from Compaq. It was one of the first companies to participate in Compaq's direct sales program when it launched more than four years ago and is one of Compaq's largest direct customers today. To support its partner program, Compaq will help Raytheon identify and qualify small, minority- and women-owned business enterprises to serve as partners for a select portion of Raytheon's business. Finally, Compaq will enhance Raytheon's Employee Purchase Program offering the company's standard configurations at a discount. "Raytheon is a global technology leader in its own right, particularly in defense and specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. systems. That is why our partnership with Raytheon helps Compaq maintain the highest levels of product innovation and technology development," said Jim Milton, senior vice president and general manager, Compaq North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion