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Raytheon awarded $83.4 million to upgrade PATRIOT air defense system for U.S. Army.

BEDFORD, Mass.--(BUSINESS WIRE)--Jan. 28, 1997--Raytheon Electronic Systems announced today that it was awarded an $83.4 million contract from the United States Army Missile Command in Huntsville, Alabama, to modify and upgrade the PATRIOT air defense system. Patriot is a combat-proven system that defends against hostile aircraft, and cruise missile and TBM attacks.

The Army upgrade program, called the Radar Enhancement Phase 3, has a total value of $201.1 million and makes significant modifications to the PATRIOT ground equipment radar that will improve its surveillance capabilities. The improvements are the first in a series of technical upgrades that eventually will be installed in the existing PATRIOT radars to provide a PATRIOT Advanced Capability (PAC-3) system.

Raytheon is the prime contractor for the Patriot Air Defense System, and the PAC-3 program, which will produce a significantly improved air defense system to be fielded by the U.S. Army in 1999. Work for the Radar Enhancement Phase 3 will be performed in Raytheon's Massachusetts facilities in Bedford, Andover, Waltham, Sudbury, Tewksbury, Lexington, and Quincy.

Raytheon Company, headquartered in Lexington, Mass., is a $12.3 billion international high technology company which operates in four business areas: commercial and defense electronics, engineering and construction, aircraft and major appliances.

CONTACT: Raytheon

Blanche Necessary (703) 416-5807
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Publication:Business Wire
Date:Jan 28, 1997
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