Precision Extended Range Munition to improve capabilities of US Marine Corps expeditionary forces

 Precision Extended Range Munition to improve capabilities of US Marine Corps
                             expeditionary forces

PR Newswire

TUCSON, Ariz., Jan. 22, 2013

TUCSON, Ariz., Jan. 22, 2013 /PRNewswire/ --The United States Marine Corps
awarded Raytheon Company (NYSE: RTN) a contract for the design, development
and demonstration of a new production representative 120mm long-range,
guided-mortar munition.

Once fielded, the Precision Extended Range Munition (PERM) will be used with
the M327 rifled towed mortar, the primary weapon system of the Expeditionary
Fire Support System. The system provides all-weather, ground-based close
support, and immediately responsive and accurate indirect fires in support of
the Marine air-to-ground task force.

"Leveraging our extensive experience with precision munitions, Raytheon will
provide the Marine Corps with precision, highly lethal indirect fire support
for its combat operations while minimizing collateral damage," said Tom
Bussing, vice president of Advanced Missile Systems for Raytheon Missile
Systems. "Our PERM solution is also expected to reduce logistical burdens
since fewer rounds will be needed to accomplish the mission."

Under the PERM contract, Raytheon will design, develop, test and deliver
mature, production-representative mortars for a live-fire demonstration by the
Marines in 18 months. The company has partnered with Israeli Military
Industries, an experienced provider of weapon systems.

About PERM

  oExcalibur-like operational flexibility and precision lethality for the
    Marine expeditionary unit.
  oExtended range to reach enemy artillery, command and control centers, and
    other targets beyond current mortar capabilities.
  oEngineering and manufacturing development program expected to be completed
    within 24 months.
  oRobust across all-weather conditions and terrain.

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 and follow us on Twitter @raytheon.

Media Contact
Tara Wood

SOURCE Raytheon Company

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