Astrium, Raytheon team to compete for NATO ballistic missile defense work
TUCSON, Ariz., Dec. 9, 2013
TUCSON, Ariz., Dec. 9, 2013 /PRNewswire/ --Astrium, the world's second
largest space company, and Raytheon Company (NYSE: RTN) signed a teaming
agreement that formalizes the companies' plans to compete for the role as lead
system engineers and integrators for the North Atlantic Treaty Organization's
Ballistic Missile Defense Program.
NATO's BMD Program oversees the development and execution of ballistic missile
defense capabilities, which expanded in 2012 to include the defense of
European populations and territories.
"This transatlantic team has a proven, successful track record supporting
national and NATO missile defense," said Yannick Devouassoux, Astrium's Head
of Missile Defense and NATO Programmes. "The Astrium-Raytheon team will
provide sound, innovative, and cost-effective solutions to help develop NATO's
future ballistic missile defense capability."
The NATO BMD System Engineering and Integration contract will establish the
contractual requirements for territorial defense, while helping create a NATO
command and control network architecture for Europe. It will also provide a
test infrastructure for the new architecture.
"With more than 30 years' experience in ballistic missiles development and
production, ballistic battle analysis, and threat modeling, Astrium is a
leader in European missile defense," said George Mavko, Raytheon Missile
Systems' Director of European Missile Defense. "Combined with Raytheon's
decades of experience in ballistic missile defense interceptors, radars and
space sensors, this partnership will provide Europe the best, most affordable
missile defense protection."
Once awarded, the contract will call for a 7-year period of performance with
an estimated value of 67.6 million Euros (US $91 million).
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
Press spacebar to pause and continue. Press esc to stop.