Raytheon Wins $159 M Contract for Large-scale Training in Europe

Raytheon Company (NYSE: RTN) won a contract valued at up to $159 million to support large-scale, live training exercises at the U.S. Army's Joint Multinational Readiness Center located in Hohenfels, Germany, and virtually connected to forces across Europe.

"Raytheon's technology-enabled training means that location is no longer a restriction to multinational forces training together," said Bob Williams, vice president of Raytheon Intelligence, Information and Services. "Data from allied units, located in their home countries, is sent back to Germany allowing leaders to track training from anywhere."

Raytheon developed the Mobile Instrumentation System technology that enables the distributed training. On the ground at JMRC, Raytheon provides a range of services including training area instrumentation, after action reviews and battlefield effects to increase training realism.