MARLBOROUGH, Mass.,
July 29, 2016 /PRNewswire/ --
Raytheon Company (NYSE: RTN) has signed its first commercial
performance based logistics contract with RUAG Switzerland Ltd., a
five-year agreement to service the ALR-67(V)3, an advanced digital
radar warning receiver, for the Swiss government. The ALR-67(V)3
warns F-18 pilots of potentially hostile activities, offering
real-time situational awareness.
"A PBL is like a service contract you'd buy with a car that
recognizes extended use requires maintenance and periodic fixes,"
said Michael Baladjanian, director
at Raytheon Space and Airborne Systems. "In this case, we will
leverage our know-how and experience sustaining the 67(V)3 to
enable a nearly 100-percent-supply availability of the system."
A recognized PBL Gold Standard awardee with the U.S. Department
of Defense, Raytheon has successfully maintained the U.S. Navy
ALR-67(V)3 PBL contract for 17 years. Under the Navy PBL,
Raytheon's ability to sustain systems drastically improved the mean
flight hours between issues by more than 50 percent.
The commercial PBL represents the first of its kind for
Switzerland, providing access to
the experience and success from Raytheon's existing Navy PBL while
maintaining control of their systems.
"Instead of defining rigid program requirements, PBLs define
performance metric outcomes," said Baladjanian. "It focuses on
support versus design and development. Our two key metrics for this
PBL are availability and reliability."
About Raytheon
Raytheon Company, with 2015 sales of $23
billion and 61,000 employees, is a technology and innovation
leader specializing in defense, civil government and cybersecurity
solutions. With a history of innovation spanning 94 years, Raytheon
provides state-of-the-art electronics, mission systems integration,
C5I™ products and services, sensing,
effects, and mission support for customers in more than 80
countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter
@Raytheon.
This document does not contain technology or Technical Data
controlled under either the U.S. International Traffic in Arms
Regulations or the U.S. Export Administration Regulations.
E16-M63K.
Media Contact
Dana
Carroll
+1.310.647.4352
saspr@raytheon.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/raytheon-to-service-swiss-radar-warning-receiver-300306015.html
SOURCE Raytheon Company