TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) signed a $35 million
contract to deliver Stinger® missiles and air-to-air launchers to
the Republic of Korea Army in support of their recent procurement
of AH-64 Apache helicopters.
Under the previously announced foreign military sale, Raytheon
will begin deliveries of the Stinger weapon systems in 2017.
"Stinger provides vital self-protection capabilities as well as
defensive counter-air protection of aviation and ground forces,"
said Michelle Lohmeier, vice
president of Raytheon's Land Warfare Systems product line. "Most
importantly, Stinger operates day and night, in all environmental
conditions and allows for the engagement of multiple targets within
seconds."
This agreement highlights a renewed global interest in
air-to-air Stinger as a key component of attack and light attack
helicopter mission configurations. Stinger greatly enhances the
capabilities of the aircraft to successfully perform today's
missions while countering existing threats.
"With the emergence of unmanned aerial vehicles in the
battlespace and the key role of helicopters, the evolved technology
of air-to-air Stinger is easily adapted to defeat evolving
threats," said Jack Elliot,
Raytheon's Stinger program director. "Stinger is an immediate-
response weapon of choice against a wide range of air threats for
protection of both fixed sites and maneuver forces."
About Stinger
Stinger-RMP (reprogrammable
microprocessor) Blk 1, the current production version of Stinger,
has maintained a greater than 90 percent success rate in
reliability and training tests against advanced threat targets. The
combination of supersonic speed, agility, highly accurate guidance
and control system, and lethal warhead gives Stinger the
operational edge against all classes of helicopters, UAVs, cruise
missiles, and fixed-wing aircraft. In service in 19 countries,
Stinger not only has a surface-to-air capability from land and sea,
but also an air-to-air capability that can be integrated into most
fixed- or rotary-wing platforms.
About Raytheon
Raytheon Company, with 2014 sales of
$23 billion and 61,000 employees
worldwide, is a technology and innovation leader specializing in
defense, security and civil markets throughout the world. With a
history of innovation spanning 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 cyber
security and 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.
Media Contact
John Eagles
+1.502.364.6768
rmspr@raytheon.com
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SOURCE Raytheon Company