Raytheon Awarded Contract for Research in Nuclear Detection Technology
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(Tewksbury, Mass., November 19, 2008) -- Raytheon Company (NYSE: RTN) was awarded a Department of Homeland Security contract to develop a Stand-Off Warning Against Radiological Materials (SWARM) technology.
The first phase of this effort is an eight-month contract for $764,000 managed by DHS' Domestic Nuclear Detection Office under the Exploratory Research in Nuclear Detection Technology Program. It is the first of a five-phase development program worth $2.9 million if all options are exercised.
"The transportation of nuclear material into and within our borders is a serious threat to our nation's security," said Michael Del Checcolo, vice president of Engineering at Raytheon Integrated Defense Systems (IDS). "SWARM will develop a radiation detection and localization approach that uses multiple, mobile and highly distributed sensors. This approach will enable first responders to accurately evaluate a situation and take swift action in the event of a threat to our national security."
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Raytheon
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