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Raytheon Wins $241 Million Navy Software Development Contract

November 24, 2009 (FinancialWire) — Raytheon Co. (NYSE: RTN) has received a $241.3 million U.S. Navy contract to deliver additional open architecture software capability for the Zumwalt-class destroyer.

Under the contract, software development will support the integration of human-computer-interface components for the ship’s engineering machinery controls and damage control systems.

Specifically, Raytheon will deliver computer-graphical user interfaces and a technical data- manager capability to control Zumwalt’s ship propulsion, integrated power, auxiliary and damage control systems. The effort will also include support to land-based and shipboard testing of these subsystems.

Raytheon said the technologies developed for the destroyer can be reused on future and modernized platforms.

The Zumwalt was designed to provide affordable new capabilities to address future mission requirements such as sea-based ballistic missile defense. Its integrated systems and reliance on networked information technology are meant to result in a 60 percent reduction in manning for the Zumwalt-class destroyer versus the requirement for current Arleigh Burke-class destroyers.

Originally, the Navy had hoped to build 32 of the ships. That number was later reduced to 24, then to seven, due to the high cost of the new and experimental technologies called for in plans for the destroyer.

Waltham, Massachusetts-based Raytheon specializes in defense, homeland security and other government markets. The company employs 73,000 people worldwide.

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