Raytheon nabs early warning radar contract

Raytheon Co. has won a contract from the Air Force to provide an early warning surveillance radar system to Taiwan, the company announced today.

The contract could be worth up to $752 million, Raytheon said.

The radar system will enable the Taiwan Air Force to detect and track long- and short-range ballistic missiles, cruise missiles, and surface ships with reliability.

The work will be performed by the company's Integrated Defense Systems division based in Tewksbury, Mass.

The Air Force Material Command's Electronic Systems Center at Hanscom Air Force Base, Mass., awarded the contract.

Raytheon of Waltham, Mass., has 80,000 employees and annual sales of $20.2 billion. The company ranks No. 7 on Washington Technology's 2005 Top 100 list, which measures federal contracting revenue.