Raytheon wins $16 million contract to deliver miniaturized ai
December 19, 2013
EL SEGUNDO, Calif., 19 Dec. 2013. Raytheon Company (NYSE:RTN) won a$15.8 million indefinite-delivery/indefinite-quantity (IDIQ) contract for its MAGR 2000-S24 miniaturized airborne GPS receiver, including new production and sustainment of existing systems, from the U.S. Air Force Space and Missile Systems Center.
"With the increasingly sophisticated threats posed by potential enemy nations, our customers recognize Raytheon as the gold standard for highly secure, highly adaptable GPS receivers for the airborne military environment," says Sharon Black, director of GPS and navigation systems for Raytheon's Space and Airborne Systems business. "Our innovative MAGR 2000-S24 design makes future unit replacement virtually unnecessary. Capability enhancements are as simple as swapping out the electronics module card, providing a highly cost-effective path for keeping fleets up-to-date with the latest GPS technology."
Raytheon has delivered 2,000 MAGR 2000 systems to the U.S. military and its allies in Europe, the Middle East, and the Asia-Pacific region. Flown on 20 types of fixed- and rotary-wing platforms, the MAGR 2000-S24 provides navigation accuracy and resistance to interference and jamming. Its open-architecture design allows for insertion of future GPS modernization enhancements, such as the new military code signal, without having to replace the unit itself.
The current MAGR 2000-S24 IDIQ contract extends through September 2017. The first order of 323 production units is scheduled for completion in June 2015.