DULLES, Va., Dec. 21, 2011 /PRNewswire/ — The U.S. Army has named a system developed and produced by Raytheon Company (NYSE: RTN) to defeat improvised explosive devices (IEDs) one of „the most innovative advances in Army technology.“
The CIED system was developed and produced by the Raytheon Technical Services Company LLC Customized Engineering and Depot Support (CEDS) business unit, headquartered in Indianapolis, Ind., along with key supplier Communications and Power Industries (CPI), headquartered in Palo Alto, Calif., under an Army contract awarded in October 2010. Shipments of the systems began in April 2011 and were completed in October, just one year from contract award.
„Our highly efficient design and manufacturing process enabled us to get this equipment to our customers quickly, so it could be fielded as soon as possible,“ said CEDS Vice President Wayne Iurillo. „It’s most gratifying that the system is helping to protect our warfighters and the innocent civilians harmed by IEDs, and we appreciate the Army’s selection of this system as one of the greatest inventions.“
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. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter at @raytheon.
Amy B. Smith