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Raytheon Australia Congratulates Micreo on Production Milestone

Canberra – 23 June 2010: Raytheon Australia today congratulated Micreo Ltd on achieving an important milestone in the production of radio frequency modules used as components in electronic warfare systems.

Micreo Ltd, a Brisbane based high technology firm that is part of Raytheon’s global supply chain, recently achieved the production of its 500th unit for the Australian and international defence markets.

Micreo’s components have been selected by Raytheon for supply in the production of the Raytheon ALR-67(V)3 radar warning receiver, an innovative capability on Australia’s F/A-18 Hornets and new Super Hornets.

The Managing Director of Raytheon Australia, Michael Ward, paid tribute to the efforts of Micreo and its Managing Director, Tim Shaw, that are working to secure an electronic warfare capability in Australia. By securing a position in the Raytheon global supply chain Micreo’s components are also being produced for Raytheon radar warning receivers on Super Hornets for the United States Navy, Canada and Switzerland.

Mr Ward said that Micreo’s export success is characteristic of what can be achieved through progressive defence industry policy. Micreo has worked with Raytheon for several years and is currently being promoted by Raytheon Australia’s Industry Development Unit, a DMO funded initiative to secure access for Australian industry in global defence supply chains.

“I am delighted to congratulate Micreo and Tim Shaw on this production milestone and share in the company’s pride. Small and medium sized enterprises like Micreo are vital to the future of the Australian defence industry and primes such as Raytheon Australia have an important responsibility to do what they can to showcase their best capabilities to the world,” Mr Ward said. 

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Raytheon Company (NYSE: RTN), with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 88 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 a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 75,000 people worldwide.

Further information:
Gerry Wheeler
0439 501 327
gerard.wheeler@raytheon.com.au