Raytheon wins $70M radar jammer contract
Raytheon said Dec. 30 that it won a $70 million contract to produce radar jammers at one of its Goleta facilities to support foreign military sales to Morocco, Egypt and Iraq.
The Waltham, Mass.-based defense contractor said the contract was for systems designed to provide an electronic shield against missiles and detect and jam enemy radar. The system is based on legacy technology developed for the F-16, an aircraft that is no longer actively being purchased by the U.S. Air Force but is still being produced for foreign customers.
In a statement, the company said the firm-fixed-price contract was awarded “to support in-country spares, software sustainment, and other activities at Warner Robins and Eglin Air Force Bases. This award supports foreign military sales for Morocco, Egypt and Iraq.” The work is expected to last until March 2017.
With a market capitalization of $23.4 billion, Raytheon is essentially a pure-play defense contractor that gets all of its revenue from governments. It has operated in the greater Santa Barbara area for more than 60 years and has two divisions in Goleta. The electronic warfare division makes devices such as radar jammers. The vision systems division makes infrared sensors that go into night-vision scopes for soldiers and aircraft.
