Raytheon Company (NYSE: RTN) and Kongsberg have signed an agreement to extend their partnership on the National Advanced Surface-to-Air Missile System (NASAMS). Dr. Tom Kennedy, Raytheon Chairman and CEO, and Harald Annestad, CEO Kongsberg Defence & Aerospace AS, signed the 10-year agreement during the Paris Air Show.
"Raytheon has partnered with Kongsberg for a decade to develop and produce the most accurate and reliable surface-to-air missile defense capability available," said Ralph Acaba, vice president for Raytheon Integrated Air and Missile Defense. "This NASAMS partnership has resulted in a successful system that is now in service around the globe."
"We truly value our partnership with Raytheon on NASAMS. Together we have continuously improved the technology base for the benefit of the warfighter. In addition to the successful NASAMS system, our two companies have recently teamed on the Naval Strike Missile and the Joint Strike Missile strike missiles," said Eirik Lie, Executive Vice President for Kongsberg Defence Systems.
The Raytheon and Kongsberg collaboration is focused on optimal system performance and capabilities from sensor to effector for NASAMS users around the world, including incorporation of the new AMRAAM®-ER (extended range) missile. Most recently, NASAMS successfully engaged and destroyed four-for-four in an airborne target live fire exercise conducted by the Royal Norwegian Air Force at the Andoya Rocket Range in Northern Norway.
Source: Raytheon Corporation (NYSE: RTN)
Date: Jun 15, 2015