Contraves engaged by Raytheon for their Missile Work

 

First Malaysian company joins global team of ESSM suppliers

SINGAPORE, Feb. 14, 2012 -- Contraves Advanced Devices Sdn. Bhd has been awarded an initial contract by Raytheon Company (NYSE: RTN) for the production and supply of components for the Evolved Sea Sparrow Missile (ESSM). This is the first contract of its type awarded to a Malaysian company and is aligned with U.S. and Malaysian strategic initiatives as well as the Malaysian Economic Transformation Program.

"We welcome Contraves to the ESSM global supply chain and look forward to expanding our relationship on ESSM and other programs," said Rick Nelson, vice president of Naval Weapon Systems for Raytheon Missile Systems.

Raytheon recently qualified Contraves Advanced Devices Sdn. Bhd. as a participant in the Strategic Enterprise Aligned Commodities provider program and as a Raytheon preferred supplier. The SEAC program is designed to focus Raytheon's global supply chain base on a more limited number of companies and qualifies Contraves as a provider for the majority of Raytheon production programs.

"Through this partnership with Contraves, we are extending our global supply chain network and enhancing our presence and expertise in Malaysia," said Kevin Peppe, vice president of Seapower Capability Systems for Raytheon's Integrated Defense Systems business. "Our shared commitment to quality and performance will allow us to deliver exceptional capabilities to our customer and industry, now and into the future."