Raytheon awarded second low-rate initial production contract for US Air Force F-15E Radar Modernization Program

EL SEGUNDO, Calif., Sept. 17, 2012 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded its second contract from Boeing Company for low-rate initial production (LRIP) of active electronically scanned array radar systems for the U.S. Air Force F-15E Radar Modernization Program.

Raytheon's APG-82(V)1 AESA radar can simultaneously detect, identify and track multiple air and surface targets at longer ranges than the APG-70 radar it replaces. The system offers a substantial improvement in reliability and reduces Air Force maintenance costs.

"Raytheon's APG-82 radars will allow F-15E pilots to fly into battle with increased confidence knowing they are using the world's most advanced airborne radar system," said Mark Kula, vice president of Tactical Airborne Systems for Raytheon's Space and Airborne Systems business. "Raytheon leads the world in AESA radar production, with more than 400 systems delivered and 300,000 operational flight hours achieved on multiple platforms."

Raytheon is scheduled to begin delivery of the LRIP-2 radar systems in February 2014. Final delivery of the initial LRIP lot of six APG-82(V)1 radars is scheduled to be completed by that date.

About Raytheon
Raytheon Company, with 2011 sales of $25 billion and 71,000 employees worldwide, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.

Media Contact
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SOURCE Raytheon Company

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