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Raytheon joins Japanese consortium proposing off-shore air base near Okinawa.

LEXINGTON, Mass.--(BUSINESS WIRE)--Nov. 26, 1996--Raytheon Company today announced that it has joined a Japanese 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 (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 the U.S. Marine Corps Futenma Air Base facilities to a large, fixed off-shore platform. This potential 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 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 markets.

CONTACT: Raytheon Company

Edward Powers, 617/860-2415
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Publication:Business Wire
Date:Nov 26, 1996
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