Raytheon Awarded Contract for $363.9 Million for two Radars

AN/TPY-2 is the world’s most advanced mul­ti-func­tion­al, X-band radar

TEWKSBURY, Mass., Dec. 30, 2011 /PRNewswire/ — The Mis­sile Defense Agency is award­ing Raytheon Com­pa­ny (NYSE: RTN) a con­tract to pro­vide two AN/TPY-2 radars to the U.S. Army as the radar com­po­nent to the Ter­mi­nal High Alti­tude Area Defense (THAAD) mis­sile defense sys­tem. The firm-fixed-price con­tract is for $363.9 mil­lion.

“The AN/TPY-2 is the world’s most advanced, mobile X-band radar,” said Dave Gul­la, vice pres­i­dent for Glob­al Inte­grat­ed Sen­sors at Raytheon Inte­grat­ed Defense Sys­tems. “It serves as the radar for the THAAD Sys­tem, an impor­tant com­po­nent of MDA’s Bal­lis­tic Mis­sile Defense Sys­tem.”

The AN/TPY-2 is a mul­ti-func­tion­al radar that search­es, detects, tracks and dis­crim­i­nates bal­lis­tic mis­sile threats, seam­less­ly inte­grat­ing with a vari­ety of bal­lis­tic defense sys­tems. In addi­tion to sup­port­ing the U.S. Army in a ter­mi­nal defense role as part of a THAAD Bat­tery, AN/TPY-2 radars are deployed around the world pro­vid­ing con­tin­u­ous for­ward-based bal­lis­tic mis­sile defense as a key com­po­nent of the glob­al Bal­lis­tic Mis­sile Defense Archi­tec­ture.

The most recent deploy­ment of the AN/TPY-2 radar rep­re­sents a major mile­stone in achiev­ing the Administration’s Euro­pean Phased Adap­tive Approach (EPAA), which aims to deter, dis­suade, and, if nec­es­sary, defeat ene­my bal­lis­tic mis­siles that threat­en the U.S., deployed forces, friends and allies. The AN/TPY-2 is the crit­i­cal sen­sor com­po­nent of the EPAA.

Work on the AN/TPY-2 radars for this con­tract will be per­formed at Raytheon facil­i­ties in Mass­a­chu­setts and by sup­pli­ers in 33 states.

About Raytheon

Raytheon Com­pa­ny, with 2010 sales of $25 bil­lion, is a tech­nol­o­gy and inno­va­tion leader spe­cial­iz­ing in defense, home­land secu­ri­ty and oth­er gov­ern­ment mar­kets through­out the world. With a his­to­ry of inno­va­tion span­ning 89 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. With head­quar­ters in Waltham, Mass., Raytheon employs 72,000 peo­ple world­wide.

Media Con­tact
Mike Nason