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Business/Financial

Raytheon: Low Cost Is NCADE Sales Point In Tough Fiscal 2010 Defense Budget; Cuts Looming

DDN

Monday, April 6th, 2009

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Raytheon Co. [RTN] will use the relatively low cost of the Network Centric Airborne Defense Element (NCADE) to help sell it to the Missile Defense Agency (MDA) and Congress in a newly brutal military budget environment, a senior Raytheon official said. Other tactics in the effort to keep the NCADE missile defense system funded include stressing the fact that it uses many already-developed hardware elements, and that it can be launched by military forces that already possess the Advanced Medium-Range…

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