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TheStreet Open House

Raytheon Awarded Its First DTRA Border Security Contract In Southeast Asia

DULLES, Va., Aug. 23, 2013 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a Defense Threat Reduction Agency (DTRA) maritime border security contract for the Philippines. Valued at up to $18 million if all options are exercised, this is Raytheon's first border security-related contract in Southeast Asia.

Under the two-year base contract, Raytheon will design and construct a National Coast Watch Center (NCWC); support integration of data from various agencies into the NCWC; and provide acquisition, installation and training on an automatic identification system as well as radio communications for the Government of the Philippines. The contract was awarded July 2013, and will end July 31, 2015.

" The Philippines contract extends Raytheon's border security solutions portfolio to Southeast Asia and confirms that our integration solutions, program management leadership and international expertise are valuable as we expand our support of customers around the world," said David Appel, director of Surveillance, Range, and Infrastructure Solutions for Raytheon's Intelligence, Information and Services business. "With this contract, Raytheon continues its role in providing critical services and solutions to help other countries deter, detect and interdict illicit weapons and materials that could harm their citizens."

Raytheon has performed similar work for DTRA under other contracts as well. The CTR Integrating Contract (CTRIC II), awarded in April 2011, is a multiple award indefinite delivery, indefinite quantity contract, and the Philippines project is part of CTRIC II.

About Raytheon  Raytheon Company, with 2012 sales of $24 billion and 68,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 91 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 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.



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