Raytheon Awarded $10 million to Develop New Missile Defense Interceptor
Written by thomas · Filed Under Aeronautics NewsSeptember 18, 2008
TUCSON, Ariz., Sept. 18, 2008 /PRNewswire/ — Raytheon Company (NYSE:
RTN) has been awarded a $10 million Missile Defense Agency contract to
continue research and development of the Network Centric Airborne Defense
Element.
NCADE is an air-launched weapon system designed to engage short- and
medium-range ballistic missiles in the boost and ascent phase of flight.
“NCADE fills a critical niche in the Ballistic Missile Defense system
and provides a revolutionary, low-cost approach to interceptor development
and acquisition,” said Mike Booen, Raytheon Missile Systems vice president
of Advanced Missile Defense. “The ballistic missile threat is increasing
rapidly. Raytheon is committed to getting NCADE to the warfighter as
quickly as possible.”
The NCADE interceptor leverages many proven components and
technologies, including the aerodynamic design, aircraft interface and
flight control system of Raytheon’s Advanced Medium-Range Air-to-Air
Missile. The commonality with AMRAAM enables the warfighter to launch NCADE
from a wide variety of aircraft, including smaller unmanned aerial
vehicles.
NCADE also leverages proven imaging infrared seeker components from
existing Raytheon production programs, which enables a potentially rapid
development and fielding path.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning more
than 86 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 a broad range of mission support services. With headquarters in
Waltham, Mass., Raytheon employs 72,000 people worldwide.
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