Raytheon Appoints Hoeffler VP for DD(x) Program
Mike Hoeffler has been appointed vice president of the DD(X) program at Raytheon Integrated Defense Systems. Hoeffler replaces Jack Cronin, who has been named president of Raytheon Systems Limited (RSL), Raytheon's United Kingdom subsidiary. Under the three-year $1.3 billion contract, Raytheon Integrated Defense Systems serves as the weapon and electronic systems integrator for DD(X) -- the transformational next-generation destroyer for the U.S. Navy that will revolutionize naval technology for the 21st century. Hoeffler joined Raytheon in 1969 as an engineer and then moved into program management where he managed a number of military, commercial, and international programs.
Raytheon to Lead Systems Integration for DD(x)
Raytheon Company (NYSE:RTN) won a cost plus award fee contract to be the systems integrator for the DD(X), the U.S. Navy's next-generation surface combatant ship. The contract is expected to total $1.36 billion over the next three years. Raytheon is a partner on the industry "Gold Team" that was selected by the Navy to design, develop, build, and conduct at-sea tests of Engineering Development Models (EDMs) and then apply the results of the testing to a comprehensive DD(X) ship system design. The "Gold Team" is being lead by Northrop Grumman Ship Systems. "This is a very important win for Raytheon in an area that provides great potential for growth for our company," said Daniel P. Burnham, Raytheon Company's chairman of the board and chief executive officer.
