The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a multi-year contract valued at $153 million to produce 53 maritime, littoral and overland surveillance radars for its fleet of Boeing P-8A Poseidon aircraft.
The AN/APY-10 delivers accurate and actionable information in all weather, day and night, for anti-submarine and anti-surface warfare, and for intelligence, surveillance and reconnaissance missions. It offers a dedicated periscope detection mode, long-range detection and classification of maritime targets, and synthetic aperture for overland surveillance.
"The AN/APY-10 is a product of our nearly five decades of experience in developing and delivering innovative maritime and overland surveillance radars," said Jerry Powlen , vice president of Intelligence, Surveillance and Reconnaissance Systems for Raytheon's Space and Airborne Systems business. "We look forward to working with the U.S. Navy to deliver this system now and into the future."
To date, Raytheon has delivered 36 of 58 AN/APY-10 radars previously ordered by the U. S. Navy and is now under contract to produce 53 additional systems for the Navy's P-8A fleet and the Royal Australian Air Force.
Source: Raytheon Corporation (NYSE: RTN)
Date: Jun 19, 2015