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Monday, June 29, 2009

Naval radar deal nets $10M for Raytheon

By Brendan Lynch

Raytheon Co. reports its Integrated Defense Systems unit has landed $9.9 million from the U.S. Navy to develop missile defense radar technology.

Under the deal, Raytheon (NYSE: RTN) IDS will perform concept studies for the Air and Missile Defense Radar S-Band (AMDR-S) and Radar Suite Controller (RSC). The AMDR-S is intended to provide volume search, tracking, ballistic missile defense discrimination and missile communications. Another version of the AMDR uses X-Band technology, which is not covered by this contract. The X-Band version is intended to provide horizon search, precision tracing, missile communication and terminal illumination. The RSC is intended to make sure the two radars work together smoothly.

Work on the contract will be performed in Sudbury, Tewksbury, Andover and Bath, Maine, as well as in East Syracuse, N.Y., and Fairfax, Va., and it is expected to be completed by the end of the year.

Last week, Raytheon landed $6 million to develop technology to improve the thermal performance of advanced defense electronics systems. Under the deal from the Defense Advanced Research Projects Agency, Raytheon will develop nanothermal interface materials intended to reduce thermal resistance between interface layers found in electronic assemblies.

Raytheon IDS is a subsidiary of Waltham-based Raytheon. Raytheon, with 72,000 employees, reported a 2008 net income of $1.7 billion on revenue of $23.2 billion.

 

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