TUCSON, Ariz., Nov. 20, 2015 /PRNewswire/ -- Raytheon
Company (NYSE: RTN) completed the first Program Planning Review
with the U.S. Missile Defense Agency on the future Multi-Object
Kill Vehicle (MOKV) concept, a key step toward defining critical
aspects of its design.
The milestone is a critical part of the Concept Development
Phase. It's designed to ensure Raytheon is aligned with the MDA's
expectations and on track for a Concept Review in December.
"Emerging threats demand a new engagement paradigm – one the
Raytheon team is able to fully support with our depth of experience
and breadth of capability," said Dr. Thomas
Bussing, vice president of Advanced Missile Systems. "We're
leveraging decades of experience across four kill vehicle programs
and vast tactical weapon expertise across every domain and mission
area to meet this critical need."
As part of the $9,775,608 contract
awarded in August 2015, Raytheon will
define an operational MOKV concept. The MOKV will destroy several
objects by utilizing advanced sensor, divert and attitude control
and communication technologies.
Design work on Raytheon's MOKV concept is occurring in the
Advanced Missile System's product line, an industry-leading
technology and innovation hub. Current Raytheon-built kill vehicles
are built in the world-class, one-of-a-kind Space Factory, which
has been called a national asset. Between the Standard Missile-3
and Exoatmospheric Kill Vehicle programs, Raytheon has achieved
more than 30 intercepts in space - far more than any other
company.
About Raytheon
Raytheon Company, with 2014 sales of
$23 billion and 61,000 employees
worldwide, is a technology and innovation leader specializing in
defense, civil government and cybersecurity markets
throughout the world. With a history of innovation spanning 93
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 cybersecurity and a broad range of mission
support services. Raytheon is headquartered in Waltham,
Mass. For more about Raytheon, visit www.raytheon.com and
follow us on Twitter @raytheon.
Media Contact
Amanda
Schildt
+1.571.305.3915
rmspr@raytheon.com
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SOURCE Raytheon Company