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From: Dave B
Date: Wed, 19 Mar 1997 13:15:55 -0600 Subject: E-systems > At one time, E-systems was listed as owner of a "Janet" aircraft > Dave B (email@example.com) /FROM PR NEWSWIRE DALLAS 888-776-3971/ Raytheon E-Systems Awarded $40.8 Million Contract for ALE-50(V) Towed Decoy Production GREENVILLE, Texas, March 19 /PRNewswire/ -- The U.S. Air Force awarded Raytheon E-Systems a $40.8 million contract to produce ALE-50 Expendable Countermeasures Dispensing Systems. Raytheon E-Systems will build more than 1,000 decoys, 119 F-16 launcher controllers and 83 spare F-16 magazines at its Goleta, California operations. This contract also includes four multi-year options which, if exercised, would bring total contract value to $493 million. The basic ALE-50 system consists of a launcher, a launcher controller and the towed decoy. The decoy protects the host aircraft against radar guided missiles by providing a more attractive radar target and luring them away from the aircraft to the decoy. Raytheon E-Systems vice president and Goleta general manager Jack L. Gressingh said, "This award is a tribute to the entire ALE-50 Government/Contractor team which shared the common goal of getting the best protective system available into the warfighter's hands as quickly as possible." He added, "Our team takes acquisition reform seriously. We sat down together with the Air Force, the Navy, the Defense Contract Management Command and the Defense Contract Audit Agency and worked out the entire procurement process. This unprecedented cooperation shows we can get our products where they are needed quickly and at the lowest possible cost." Raytheon E-Systems is a worldwide developer and producer of electronics systems and products in the areas of intelligence, reconnaissance and surveillance systems, command and control, specialized aircraft maintenance and modifications, guidance, navigation and control, communications and data systems. Raytheon Company, (NYSE: RTN) headquartered in Lexington, Mass., is a $12.3 billion international high technology company which operates in four business areas: commercial and defense electronics, engineering and construction, aircraft, and major appliances. SOURCE Raytheon E-Systems -0- 3/19/97 /CONTACT: Joe Curtis of Raytheon E-Systems, 903-457-9344, or 903-457-9391 fax/
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