Raytheon News Release

2006 July 13

EL SEGUNDO, Calif., -- Raytheon Company (NYSE: RTN) has won an initial $38 million contract from the Global Positioning System (GPS) Joint Program Office at the U.S. Air Force Space and Missile Systems Center to design next-generation global positioning receivers. An additional award to complete development and fabricate pre-production receiver cards for test and integration in host systems could follow.

Under the Modernized User Equipment (MUE) program, the circuit card technology will connect military users with new GPS navigation signals that will be compatible with the enhanced NAVSTAR GPS satellites. The receivers, which will employ the robust new M-code military signal, also will work effectively with legacy signal systems.

"The MUE program represents an opportunity to raise the capability of military GPS equipment while lowering the cost for the warfighter. Working with our teammates, General Dynamics and Trimble Navigation Systems, MUE will benefit from breakthroughs in microelectronics technology, coupled with advanced security solutions to enable higher performance and greater integrity at less cost than today's systems," said Phil Kelton, MUE program manager for Raytheon's GPS and navigation systems business.

"This technology development will strengthen and preserve the secure GPS navigation capability that is a key enabler for the United States and its allies in all missions," said Dr. Ralph Garcia, director of GPS and navigation systems. "It will also provide a path for higher performance, extreme accuracy, and modular upgrades of Raytheon's avionics, weapons, and integrated sensor systems."

Raytheon Space and Airborne Systems (SAS) is the leading provider of sensor systems giving military forces the most accurate and timely information available for the network-centric battlefield. With 2005 revenues of $4.2 billion and 13,000 employees, SAS is headquartered in El Segundo, Calif. Additional facilities are in Goleta, Calif.; Forest, Miss.; Dallas, McKinney and Plano, Texas; and several international locations.

Raytheon Company, with 2005 sales of $21.9 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.

This story was originally titled "Raytheon Selected for Next-Generation Military GPS Receiver Development".

Copyright © 2006, Brian Webb. All rights reserved.