Raytheon Awarded $27.7M Contract From NAVAIR for V-22 Osprey Support - Southern Maryland Headline News

Raytheon Awarded $27.7M Contract From NAVAIR for V-22 Osprey Support

INDIANAPOLIS, Feb. 20, 2007 /PRNewswire/—Raytheon Technical Services Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE:RTN), has received two awards totaling $27.7 million from the U.S. Navy to provide services and systems for the V-22 Osprey aircraft. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.

The V-22 is the world's first production tiltrotor aircraft. A joint- service, multi-mission aircraft with vertical take-off and landing (VTOL) capability, it performs VTOL missions as effectively as a conventional helicopter while also having the long-range cruise abilities of a twin turboprop aircraft. The Marine Corps, the lead service in the development of the Osprey, will use the MV-22B version as an assault transport for troops, equipment and supplies, operating from ships or from expeditionary airfields ashore. The Navy's MV-22B will provide combat search and rescue and fleet logistic support transport. The Air Force CV-22 will conduct long-range special operations missions.

RTSC's Indianapolis facility will continue to provide systems and software engineering services for the V-22 under tasking in the first award. Aircraft avionics acquisition support services are also included.

The second award provides for continued development of the V-22 mission planning system, interactive situational-awareness system, desktop environment software, simulation products, and laboratory capability packages. All work will be performed in the Indianapolis facility, which has provided avionics systems and software for the V-22 for more than twenty years.

"These awards demonstrate the level of customer satisfaction with the support RTSC has provided the V-22 over the course of the aircraft's history," said John Balaguer, RTSC vice president and general manager of the company's Indianapolis-based business unit. "We have worked closely with the customer since the inception of the V-22 program to provide solutions and support that ensure the aircraft's mission success. Consistently proven products and services and knowledgeable program personnel who repeatedly demonstrate their quick-reaction capability have given the customer the confidence to continually increase our role on the program."

RTSC's role began with aircraft avionics acquisition support and software development. The business then took on additional systems and software engineering responsibilities for the software support activity and also began to develop the mission-planning system and the simulation product software for the program. Situational-awareness systems and the creation of desktop environment software are more recent additions to the RTSC tasking. The current awards expand the scope of the support provided for the software support activity, as well as increasing the capability of the facility's V-22 avionics laboratory.

The Indianapolis site recently achieved the highest Capability Maturity Model Integration (CMMI(R)) rating for software engineering processes as a result of its appraisal against the Carnegie Mellon University Software Engineering Institute's CMMI models. The level 5 achievement reflects RTSC's ability to apply the mature processes and tools needed to ensure reliability, consistency and accuracy in the products they provide.

RTSC provides technology solutions for defense, federal and commercial customers worldwide. It specializes in Mission Support, counter-proliferation and counter-terrorism, base and range operations and customized engineering services and manufacturing.

Raytheon Company, with 2006 sales of $20.3 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs more than 80,000 people worldwide.

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