TEWKSBURY, Mass., April 19, 2018 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has been awarded an $83
million contract for the design, test and deployment of the
Barracuda mine neutralization system.
The Barracuda mine neutralization system is an expendable,
autonomous unmanned underwater vehicle intended to identify and
neutralize bottom, near surface and drifting sea mines. It
will field a shallow water capability and be an expendable modular
neutralizer consisting of a kill mechanism, propulsion, sensors,
and communications buoy that enables wireless communication to the
deployment platform.
"We've applied our sonar expertise and our understanding of the
complex undersea environment to Barracuda," said Raytheon's
Paul Ferraro, vice president of
Integrated Defense Systems' Seapower Capability Systems business.
"It's an innovative solution for the Navy's mine countermeasure
mission and we are now one step closer to delivering."
This contract includes options which, if exercised, would bring
the cumulative value of this contract to $362,740,742.
Work will be performed in Portsmouth,
Rhode Island (96 percent); and DeLeon Springs, Florida (4 percent), and is
expected to be completed by November 2022. Fiscal 2017 and
2018 research, development, test and evaluation (Navy) funding in
the amount of $11,392,392 will be
obligated at time of award and $1,594,935 will expire at the end of the current
fiscal year.
This contract was competitively procured on the basis of full
and open competition via the Federal Business Opportunities
website, with one offer received. The Naval Sea Systems
Command, Washington, District of Columbia, is the contracting
activity (N00024-18-C-6303).
About Raytheon
Raytheon Company, with 2017 sales of
$25 billion and 64,000 employees, is
a technology and innovation leader specializing in defense, civil
government and cybersecurity solutions. With a history of
innovation spanning 96 years, Raytheon provides state-of-the-art
electronics, mission systems integration, C5ITM products
and services, sensing, effects, and mission support for customers
in more than 80 countries. Raytheon is headquartered in
Waltham, Mass. Follow us on
Twitter.
Media Contact
Carolyn
Beaudry
+1.401.842.3550
idspr@raytheon.com
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SOURCE Raytheon Company