Raytheon to Develop Cooling System Technology for US Navy

(Tewksbury, Mass., June 24, 2010) -- The Office of Naval Research has awarded a contract to Raytheon Company (NYSE: RTN) to develop next-generation phase-change cooling system technology for the U.S. Navy.

The Advanced Naval Cooling System (ANCS) program will develop system level solutions for implementing phase-change cooling technologies in future naval combatants. Raytheon's unique solution was selected because it can provide increased performance and improved cooling density, resulting in substantial life-cycle cost savings.

"The ANCS program solves scientific and technical challenges that have prevented systems from taking advantage of the much higher performance enabled by two phase cooling," said Michael Del Checcolo, vice president of Engineering for Raytheon Integrated Defense Systems (IDS). "This solution draws upon Raytheon's extensive experience in developing advanced thermal management technologies for high-power defense electronics."

This program is expected to last 30 months and will include two phases. The contract has a potential worth of $2.1 million if all options are exercised. Raytheon IDS will perform the work for this contract at the Surveillance and Sensors Center, Sudbury, Mass.

Source : Raytheon Corporation (NYSE: RTN)