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Raytheon to Design Alternative Missile Warning Satellite

September 6, 2006 :: MarketWatch :: News

Raytheon has won a $54 million contract to develop the Alternative Infrared Satellite System (AIRSS), an alternative missile warning system to Lockheed Martin’s Space-Based Infrared System (SBIRS). The Pentagon decided to launch the AIRSS program because of recurring difficulties with SBIRS, a $10 billion effort that has been plagued by cost overruns, schedule delays, and poor government management. SBIRS was restructured last December, although the system could be delayed to save money. Current plans call for the Pentagon to weigh the alternative system against the main project in 2008. (Article)

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