Raytheon's Patriot missiles receive US Army service life extension
Recertification provides customers cost-effective path to upgrades
TEWKSBURY, Mass., April 1, 2013
TEWKSBURY, Mass., April 1, 2013 /PRNewswire/ --Raytheon Company's (NYSE: RTN)
Patriot missiles, critical components of the Patriot Air and Missile Defense
System, have received U.S. Army approval for a second recertification,
extending the operational life of the worldwide inventory of Patriot missiles
from 30 to 45 years. This extension allows customers to recertify and/or
upgrade their inventory of Raytheon's Patriot missiles at a fraction of the
cost of replacing them with alternative interceptors.
"This is a testament to Patriot's capabilities and combat performance that
continue to exceed all expectations, now and over its successful operational
life," said Sanjay Kapoor, vice president of Integrated Air and Missile
Defense at Raytheon's Integrated Defense Systems business. "This significant
life extension decision by the Army comes on the heels of a recent $46.7
million U.S. Army contract awarded to Raytheon to recertify and upgrade
Patriot missiles to the latest GEM-T configuration as part of the continuous
Patriot modernization effort."
The underlying technology and operational capability of the missiles have been
continually enhanced to counter high-speed tactical ballistic missiles and air
breathing threats. Over the last 20 years, Raytheon's Patriot missiles have
undergone more than 500 successful test firings. Raytheon's support structure
includes a global base of more than 300 suppliers committed to mission
performance and readiness of the Patriot missiles.
Patriot is the world's most capable air and missile defense system, providing
protection against a full range of advanced threats, including aircraft,
tactical ballistic missiles, cruise missiles and unmanned aerial vehicles. It
is the system of choice for 12 nations around the globe.
Raytheon is the prime contractor for both domestic and international Patriot
Air and Missile Defense Systems and system integrator for Patriot Advanced
Raytheon Company, with 2012 sales of $24 billion and 68,000 employees
worldwide, is a technology and innovation leader specializing in defense,
security and civil markets throughout the world. With a history of innovation
spanning 91 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
SOURCE Raytheon Company
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