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Raytheon - www.youroilandgasnews.com

Raytheon awarded $12.3 million contract for HARM upgrade

Thursday, Jan 17, 2013

The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a $12.3 million contract to begin full rate production of High-Speed Anti-Radiation Missile (HARM) Control Section Modification (HCSM) upgrade units. Raytheon received the award as the result of a down-select competition.

The modification adds a GPS receiver and an improved inertial measurement unit (IMU) for precision navigation to the existing HARM. HCSM also features a digital flight computer that merges targeting solutions from navigation and seeker systems. These enhancements improve the probability of hit, while controlling where the missile can and cannot fly.

"Leveraging several years of experience with HARM, Raytheon's HCSM will provide the Air Force with enhanced capability and accuracy, while simultaneously reducing collateral damage or risk of fratricide," said Chuck Pinney, HARM program director for Raytheon Missile Systems. "HCSM will fill a critical capability need for the warfighter."

Raytheon is scheduled to begin modification of existing HARMs early this year with delivery of HCSM units beginning in the fourth quarter of 2013. Raytheon has teamed with Honeywell, Rockwell Collins and others for the HCSM program.

The contract was awarded in Raytheon's fourth quarter of 2012.

About HARM and HCSM

The AGM-88 High-Speed Anti-Radiation Missile is a key battlefield element to suppress or destroy surface-to-air missile radars, early warning radars and radar-directed air defense artillery systems. HARMs have made hostile airspaces worldwide safer for U.S. and allied warfighters. The missile resides in the inventories of eight countries.

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 www.raytheon.com and follow us on Twitter @raytheon.

SOURCE Raytheon Company

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