Lithuania, Jordan Agree to Purchase Raytheon-Lockheed Martin Javelin Anti-Tank Weapon System

Jan 11, 2002, 00:00 ET from Raytheon Company

    TUCSON, Ariz., Jan. 11 /PRNewswire/ -- The U.S. Army has executed two
 Letters of Agreement (LOA) paving the way for the sale of the Javelin anti-
 tank weapon system to international customers in Europe and the Middle East,
 the Raytheon-Lockheed Martin Javelin Joint Venture announced today.
     The agreement with the government of Lithuania, signed at a ceremony in
 Vilnius Dec. 17, 2001, represents the first European sale of Javelin. It is
 expected to result in an award to the Joint Venture of $10 million.
     Jordan became the first Middle East customer for Javelin on Dec. 26 when
 representatives of the U.S. Army and Jordan signed the LOA at a ceremony in
 Amman. It is expected to lead to a $12 million contract for the Joint Venture,
 and it may pave the way for additional Javelin foreign military sales in the
     The Lithuanian sale includes more than 75 missiles and 18 command launch
 units, training devices, logistics support, associated equipment and training.
 "Javelin ensures the Lithuanian and Jordanian armed forces have the world's
 best light infantry anti-tank weapon suitable for worldwide employment, with
 highest soldier survivability and system lethality, at the lowest support and
 life cycle cost," said Col. John Weinzettle, U.S. Army Close Combat Missile
 Systems (CCMS) project manager.
     "Javelin's multi-mission capabilities give infantry soldiers the means to
 engage alternate targets, such as field fortifications, buildings and
 helicopters. Javelin also provides interoperability with U.S. and other forces
 in times of crisis," he said.
     The sale to Jordan includes the purchase of more than 110 missiles and 30
 Command Launch Units (CLU), training devices, logistics support, associated
 equipment and training.
     "We are extremely pleased to introduce Javelin to the international
 defense community," stated Mike Crisp, president, Javelin Joint Venture.
 "Javelin's superb missile seeker and tracker, proven in both demanding test
 and field conditions in well over 600 shots, has more than a 90 percent first-
 time gunner success rate.  The lightweight Javelin anti-armor weapon system
 can be quickly deployed wherever needed and immediately available to engage
 the enemy."
     "Javelin's infrared seeker is resistant to countermeasures and battlefield
 obscurants, which is critical in combat," said Howard Weaver, Javelin Joint
 Venture vice president. "Javelin is also safe to fire from enclosures and it
 can be fired three times in less than 90 seconds.  These features, which no
 other system has demonstrated, make Javelin the best choice for Jordan and
 others in the international defense community."
     Raytheon Company, which leads the Joint Venture, provides system
 engineering management and support for the Javelin Joint Venture and produces
 the CLU, missile guidance electronic unit and system software.  Work is
 performed primarily at its Missile Systems business unit in Tucson, Ariz., and
 at other Raytheon facilities in Texas, Massachusetts and California. Lockheed
 Martin provides missile engineering and production support for the Javelin
 Joint Venture in Orlando, Fla., produces the missile seeker in Ocala, Fla.,
 and performs missile all-up-round assembly in Troy, Ala.
     The Javelin medium-range, anti-tank missile system is the world's first
 one-man transportable and employable fire-and-forget anti-armor missile
 system.  Javelin is approved for international sales through the U.S. Army's
 Foreign Military Sales system and is available to meet national requirements
 for next-generation anti-armor weapon systems.
     With headquarters in Lexington, Mass., Raytheon Company (NYSE:   RTN) is a
 global technology leader in defense, government and commercial electronics,
 and business and special mission aircraft.
     Headquartered in Bethesda, Md., Lockheed Martin (NYSE:   LMT) is a global
 enterprise principally engaged in research, design, development, manufacture
 and integration of advanced-technology systems, products and services.  The
 corporation's core businesses are systems integration, space aeronautics and
 technology services.
    Jennifer Spears
    Lockheed Martin:
    Nettie Johnson
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SOURCE Raytheon Company