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Wednesday, July 15, 2009

Air Force ‘Space Fence’ nets $30M for Raytheon

By Brendan Lynch

Raytheon Co. has landed $30 million from the U.S. Air Force for the design and prototype of the “Space Fence”  — a project that is intended to provide the Air Force with improved space surveillance capability to detect and report space objects.

The “fence” will use sensors and S-band radars to track small objects in low earth orbit for situational awareness in space. The first radar system is expected to be delivered in 2015.

Earlier this month, Raytheon’s Integrated Defense Systems unit landed $1.2 million from the U.S. Department of Homeland Security to develop a system to detect radiological materials. Under the deal, the second phase of a five-phase, $2.9 millon contract, Raytheon (NYSE: RTN) will develop technology for a stand-off warning against radiological materials (SWARM).

Last month, Raytheon landed $9.9 million from the U.S. Navy to develop missile defense radar technology. IDS will perform concept studies for the Air and Missile Defense Radar S-Band (AMDR-S) and Radar Suite Controller (RSC).

Also last month, Raytheon landed $36.1 million from the U.S. Army to provide Kuwait with Patriot missile radar upgrades. Under the Foreign Military Sales contract for the state of Kuwait, Raytheon will upgrade the country’s Patriot missile radar systems to Configuration-3, providing depot test equipment, training and technical services.

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

 

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