Raytheon to Provide Advanced Imaging Sensors to the U.S. Navy; Contract Valued at $50M

Raytheon Company RTN has been awarded a $50 million contract to deliver 50 AAS-44C(V) Multi-Spectral Targeting Systems for use on the U.S. Navy's MH-60R and MH-60S helicopters. This airborne forward looking infrared targeting system provides video imagery that helps soldiers, intelligence analysts and commanders in the field make critical operating decisions. Deliveries are expected to begin in 2011 and end in 2012.