TUCSON, Ariz., Sept. 9, 2013 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is moving forward with the Defense Advanced Research Projects Agency on the agency's Persistent Close Air Support (PCAS) program, whose software could enable ground troops to receive close air support sooner by improving coordination among joint terminal attack controllers, airborne sensors and weapons.
Originally designed for the A-10 Thunderbolt, the recently expanded PCAS program intends to now develop a platform- and sensor-agnostic electronics suite that can be easily integrated onto multiple platforms.
During the current 12-month phase 2 effort, Raytheon is maturing the PCAS program from preliminary design to a critical design review, with an option for phase 3. The PCAS Phase 2 contract was awarded in Raytheon's fourth quarter of 2012 and modified in the third quarter of 2013. The phase 3 PCAS contract is expected to include an 18-month, $25 million effort culminating in a series of flight tests and live-fire demonstrations.
Raytheon is the systems integrator for PCAS and leads an industry team comprised of Rockwell Collins, General Electric and BAE Systems. Raytheon brings its expertise in overall systems integration, weapons, aircraft integration and unmanned aircraft system ground control stations to PCAS."Every minute on the ground counts for warfighters waiting for close air support," said Tom Bussing, vice president of Raytheon Missile Systems' Advanced Missile Systems product line. "PCAS could reduce the critical minutes it takes to get it to them. Raytheon is not just developing next-generation weapons, we are constantly finding ways to make them more effective in theater to protect our troops." About RaytheonRaytheon 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. Disclaimer: The views expressed are those of the author and do not reflect the official policy or position of the Department of Defense or the U.S. Government. Distribution Statement "A" (Approved for Public Release, Distribution Unlimited) Media Contact Tara Wood+1.520.794.7715 email@example.com SOURCE Raytheon Company
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV