Jenoptik and Raytheon sign letter of intent

Both companies want to explore joint power generation projects
Jenoptik und Raytheon unterzeichnen Kooperationsvertrag. Von links nach rechts, vor einem Hybrid-Generator von Jenoptik: Doug Patrick (Senior Director - Integrated Supply Chain, Integrated Air and Missile Defense), Thomas Zeller (Geschäftsführer Lechmotoren, eine Tochtergesellschaft von Jenoptik), Alex Dorow (Bayerischer Landtagsabgeordneter, Regensburg), Dr. Martin Huber (Bayerischer Landtagsabgeordneter, Oberbayern), Kerstin Schreyer-Stäblein (Vizefraktionsvorsitzende der CSU im Bayerischen Landtag, Bayerische Landtagsabgeordnete, München Süd), Tim Glaeser (Vice President - Business Development, Integrated Air and Missile Defense Systems), Dr. Stefan Stenzel (Executive Vice President, Leiter der Jenoptik-Sparte Verteidigung & Zivile Systeme), James Monroe (Vice President - Raytheon International, Inc). Quelle JENOPTIK AG (PresseBox) (Jena / Freising, ) The US company Raytheon and the Jenoptik subsidiary Lechmotoren, a part of the Jenoptik Defense & Civil Systems division, have been cooperation partners in the PATRIOT missile defense program for 30 years. Now they signed a letter of intent to further cooperate in business opportunities related to Germany's air defense architecture, as well as significant exports to global markets.

Both companies will examine opportunities in current international projects with Jenoptik state-of-the-art technologies. Before the signing, Jenoptik presented a prototype of its next-generation technology in form of a prototype of the new Jenoptik PATRIOT Hybrid Power Supply to Raytheon and Bavarian members of parliament. A combination of combustion engine and electric energy storage unit, the new hybrid power supply system allows for significant reductions in fuel consumption and maintenance costs.

"We are very proud that this long-term partnership with Raytheon assures the ongoing success of our division in serving international markets," says Stefan Stenzel, Head of Jenoptik Defense & Civil Systems division.

"Jenoptik is a reputable company and we look forward to establishing a long-term relationship with them on future opportunities related to the TLVS program, Global Patriot and beyond," said Doug Patrick, Director of Integrated Air and Missile Defense Supply Chain, Raytheon Integrated Defense Systems. TLVS stands for "Tactical Air Defense System 2020".

About Raytheon

Raytheon Company, with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.

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Raytheon Integrated Defense Systems

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