MCKINNEY, Texas, Sept. 6, 2011 — Raytheon Company's (NYSE: RTN) Network Centric Systems has combined its existing security solutions and civil communications businesses as part of a new product line to increase its focus on opportunities in public safety markets.
The new product line, Security and Transportation Systems (STS), will facilitate an even stronger presence in public safety markets through cross-selling capabilities to commercial and government customers and by enabling the development of new technologies and products to meet changing market needs.
STS includes two major public safety focus areas. The first is security solutions, with an emphasis on critical infrastructure protection, including ports and airports, border protection and other needs served by the ClearView(TM) family of security management systems.
The second area is interoperable communications networks and the equipment that allow first responders to communicate with one another in an emergency. The air traffic management business, which helps safely control more than 60 percent of the world's airspace, will also be part of STS.
"We see increased opportunities to serve the public safety market more effectively through this new alignment," said Network Centric Systems President Daniel Crowley.
"The change further reinforces our commitment to being a leader in public safety," he said. "We have discriminating capabilities in sensing, communications, and command and control — plus the system integration skills to bring these capabilities together in a wide array of applications."
The new product line will be led by Michael Prout, who has been with Raytheon for more than two decades and has substantial experience in transportation systems, air traffic management and technology development.
Raytheon Company, with 2010 sales of $25 billion, specializes in defense, homeland security and other government markets throughout the world. With a history spanning 89 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
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