« A Night of Chaos: Marine Mobile Assault Platoon stirs up enemy | Main | Return to Fallujah »

Raytheon wins $5.3M Marine Corps contract

Raytheon Co. has been awarded a $5.3 million contract for an advanced air defense guided missile systems launcher for the U. S. Marine Corps.

http://biz.yahoo.com/bizj/050926/1169218.html?.v=1

Monday September 26, 2:05 pm ET

Raytheon Co. has been awarded a $5.3 million contract for an advanced air defense guided missile systems launcher for the U. S. Marine Corps.

The Complementary Low Altitude Weapon System, or CLAWS, combines a low-altitude air defense with rapid deployment, high firepower, all-weather standoff capability to defend against threat aircraft, cruise missiles and unmanned aerial vehicles in global and regional conflicts beyond the range and capabilities of currently fielded U.S. Marine Corps air defense systems.

CLAWS is currently conducting government operational tests.

Work will be performed in Raytheon's Integrated Air Defense Center in Andover, Mass., and is expected to be completed June 2006. Raytheon Co. (NYSE: RTN - News) is based in Waltham, Mass. Its Integrated Defense Systems is based in Tewksbury, Mass. Raytheon reported $20.2 billion in sales for 2004; it employs 80,000 people worldwide.

Published September 26, 2005 by the Boston Business Journal