Raytheon, U.S. Navy Sign $259.9m Contract

Wednesday, May 20, 2009

Raytheon Company (NYSE:RTN) is being awarded a $259.9m U.S. Navy contract to overhaul and upgrade 57 Phalanx Close-In Weapon Systems and to provide ancillary equipment, spares, as well as additional technical support. The agreement calls for 40 sea-based Phalanx systems and 17 Centurion Land-Based Phalanx Weapon Systems.

Phalanx is a rapid-fire, computer-controlled radar and 20 mm gun system that automatically acquires, tracks, and destroys enemy threats that have penetrated all other ship defense systems. More than 890 systems have been built and deployed in the navies of 25 nations. Centurion LPWS defends ground forces and high value sites against rocket, artillery and mortar attacks. Twenty-two have been delivered to the U.S. Army and 10 to the United Kingdom's Ministry of Defence.

"At sea, Phalanx Block 1B provides a reliable day and night passive search and track capability in near-shore, littoral environments," said Todd Callahan, Raytheon's Close-In Defense Solutions program director. "The land-based system has proved to be very effective since it was first delivered in mid-2005, defeating more than 110 launches against high value Multi-National Corps-Iraq assets."


Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0526 sec (19 req/sec)