GOLETA, Calif., Oct. 26, 2005 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE: RTN) has been awarded a $93 million contract option for performance
based logistics (PBL) support of its ALR-67(V)3 radar warning receiver system for the U.S. Navy. The ALR-67(V)3, which is the state-of-the-art radar warning receiver on U.S. Navy F/A-18E/F carrier-based tactical aircraft, continues to successfully support Navy troops in Middle East operations.
The award was received from the U.S. Navy's Naval Inventory Control Point (NAVICP), Philadelphia, Pa., and includes five annual PBL support periods. The contract scope includes total mission support of fielded ALR-67(V)3 systems, including repairs, spares, reliability and maintainability system improvements, obsolescence management, and field installation support.
Contract performance is measured based on requirement metrics for availability and reliability and is managed with a comprehensive, web-based PBL information management system fully integrated with Navy supply systems.
The award includes provisions for additional spares, which are being ordered under a separate corresponding production contract with the U.S. Navy's Naval Air Systems Command, Patuxent River, Md. The option award follows six annual support periods ordered under the initial $58.5 million PBL contract, which began in 1999.
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