US Army Awards Production Contract for Improved Target Acquisition Systems

Released on Monday, May 05, 2008

MCKINNEY, Texas, May 5, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will extend production and delivery of Improved Target Acquisition Systems under a $203.3 million contract from the U.S. Army Aviation and Missile Command, Huntsville, Ala. The order continues Army procurement of the systems.

ITAS is the advanced electro-optic target acquisition fire control system. It guides Raytheon- manufactured TOW (Tube-Launched, Optically Tracked, Wire-Guided) missile systems to their targets with pinpoint precision. The targeting system significantly increases TOW's effective range, improves the weapon's ability to hit a target with minimal collateral damage and allows a soldier to engage and destroy targets from safe distances. ITAS' 2nd generation forward-looking infrared sensor provides long-range reconnaissance and surveillance capability in all weather and battlefield conditions.

ITAS is fielded in Operation Iraqi Freedom and Operation Enduring Freedom, where it has demonstrated its value in all phases of the conflict and subsequent peace-keeping efforts.