Raytheon receives $60.4M for 9 CEC systems.Raytheon 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 ) has received $60.4 million to develop nine Cooperative Engagement Capability (CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. ) ship self-defense systems for the U.S. Navy. With the new order, Raytheon's 2003 CEC production contracts surpassed $150 million. The order includes shipboard systems, airborne systems, airborne system retrofit kits, an installation kit and spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. . Now under contract are 102 CEC systems, 58 of which have been delivered. CEC is a sensor networking system that helps war fighters to detect, target and kill fast-moving airborne weapons-such as cruise missiles-with extreme speed and accuracy. CEC extracts data from sensors, turns the data into meaningful information and imparts knowledge to commanders. Using CEC, they can make weapon-firing decisions with speed and confidence. CEC systems aboard the Nimitz battle group supported recent military operations This is a list of missions, operations, and projects. Missions in support of other missions are not listed independently. World War I ''See also List of military engagements of World War I
Joint Sensor Networking, St. Petersburg, Fla., leads Raytheon's CEC development. The contract will sustain approximately 150 jobs in the region, with St. Petersburg, Fla., receiving 55 percent of the work share, and Largo, Fla., receiving 33 percent. Two facilities in North Texas will share approximately 12 percent of the work. "This award represents 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. Navy's and Congressman Bill Young's continued confidence in Raytheon for the CEC program," said Mitch Lee, vice president, Raytheon Joint Sensor Networking. Raytheon Company, with 2002 sales of 16.8 billion, is an industry leader in defense, government and commercial electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs more than 76,000 people worldwide. |
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