Raytheon joins Japanese consortium proposing off-shore air base near Okinawa.LEXINGTON Lexington.1 City (1990 pop. 225,366), seat of Fayette co., N central Ky., in the heart of the bluegrass region; inc. 1832, made coextensive with Fayette co. 1974. , Mass.--(BUSINESS WIRE)--Nov. 26, 1996--Raytheon Company today announced that it has joined a Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and consortium that has proposed to the Japan Defense Agency to design and build an off-shore U.S. air base in waters near Okinawa. The Japanese consortium, called QIP QIP Quantum Information Processing QIP Quality Improvement Program QIP Quality Improvement Plan QIP Quality Imaging Products QIP Quality Insights of Pennsylvania QIP Quality Improvement Process QIP Quality Improvement Paradigm QIP Quantum Industrial Partners LDC (Quick Installation Platform), includes 12 leading Japanese firms, headed by Nippon Steel. Raytheon is the only U.S. member of the consortium. QIP has proposed to relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. the U.S. Marine Corps Futenma Air Base facilities to a large, fixed off-shore platform. This potential relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. of the air base to an off-shore site is under consideration by U.S. and Japanese governments. "We're pleased to be part of the QIP consortium," said Charles Q. Miller, Raytheon Company executive vice president. "It offers the best potential for meeting the needs of the U.S. and Japan should the two governments decide to pursue the development of this off-shore facility." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Miller, the QIP platform offers several advantages over competing designs. "QIP brings to this project proven technology that offers low cost and low risk, minimum impact to the environment, high platform stability, and the capability to be removed when the facility is no longer necessary." Raytheon brings to the QIP consortium a broad range of skills and experience applicable to the project. These include airport design and construction, air traffic control systems, modular construction of platform facilities, and operation and maintenance of military facilities. "This project is a natural fit for us in terms of the variety of products and services we can offer for the top side of the platform," said Miller. "In addition, we bring a long history of working with the U.S. Department of Defense and a well established presence in Japan. We are ideally suited to help ensure that the requirements of both countries are met." Raytheon Company is a $12 billion international high technology company that is active in the commercial and defense electronics, engineering and construction, aviation, and major appliances A major appliance is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, food preservation, or cleaning, whether in a household, institutional, commercial or industrial setting. markets. CONTACT: Raytheon Company Edward Powers, 617/860-2415 |
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