Aircraft
Raytheon Doing Missile Business In Hard Times

In the current fiscal environment in which big-ticket missile programs have been shelved, restructured or cancelled altogether, Raytheon is looking at innovative ways to add capabilities to existing systems. “You’ve got to see what you can do with what you’ve got,” explained Harry Schulte, Raytheon’s v-p Air Warfare Systems. “The money’s not going to be there for the big programs, but the enemy doesn’t care about that, and we still need to address the shortfalls.”

The obvious answer is to look at system upgrades to enhance capabilities of existing systems, leveraging low-risk technologies that are cost-effective and quick to field. Typically that involves relatively mature technologies, those at TRL (technical readiness level) 6 or above.

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