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Raytheon Awarded $155 Million DARPA Contract
Jul 16, 2009 (FinancialWire via COMTEX) --
(Comment on this article at http://www.financialwire.net/2009/07/16/raytheon-awarded-155-million-darpa-contract/)
July 16, 2009 (FinancialWire) -- Raytheon Co. (NYSE: RTN) has been awarded a contract by the Defense Advanced Research Projects Agency to provide a military wireless network interoperable gateway. The contract provides Raytheon $24.4 million for one year. Options would extend the contract to 2012 and bring the potential value to $155 million.
The proposed Mobile Ad-Hoc Interoperability GATEway, or Maingate, will integrate any combination of heterogeneous military, civil or coalition radios into a single network to facilitate communication among disparate systems.
Raytheon said the solution enables legacy analog and digital communication systems to be networked. The architecture of the system is designed to overcome the limits of most networking systems in use. It allows for many users to join the network at the same time and enables more than 30 different military and civil radios to communicate with one another while concurrently providing a high-capacity, mobile network.
Waltham, Massachusetts-based Raytheon specializes in defense, homeland security and other government markets. The company provides electronics, mission systems integration and other capabilities in the areas of sensing, effects and command, control, communications and intelligence systems, as well as a range of mission support services.
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