The Federal Aviation Administration (FAA) awarded Raytheon Company (NYSE: RTN) a $77M contract to build weather processing technology and display infrastructure for use throughout the National Airspace System (NAS). The NextGen Weather Processor (NWP) program will generate accurate, timely, and improved weather information for the benefit of all U.S. travelers.
"Weather is the most disruptive factor in the NAS. Increasing the predictability window by eight hours will allow air traffic specialists to better manage flights and make the most efficient decisions to support the traveling public and business operations," said Michael Espinola , managing director, Raytheon Air Traffic Systems. "Improving the quality and accuracy of aviation weather data products will significantly improve the efficiency and safety for all stakeholders within the system."
Raytheon will enhance the back end weather predictability model with advanced algorithms, including 4D modeling and enhanced processing, while updating the display systems used to convey weather information to all aviation stakeholders.
Raytheon has been providing weather solutions to the FAA, NOAA, and the Department of Defense for more than 50 years. Raytheon's Air Traffic Solutions operate in more than 60 countries, and monitor more than 60 percent of the world's airspace.
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 93 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 cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @raytheon .
Source: Raytheon Corporation (NYSE: RTN)
Date: May 7, 2015