ECONOMY

Raytheon wins Greek air force F-16 contract

WASHINGTON (Reuters) – US defense contractor Raytheon Co yesterday said it won a $242 million contract to provide advanced electronic warfare equipment for the Greek air force’s fleet of Block 52+ F-16 fighter jets. Under the contract, Raytheon will supply the Hellenic Air Force with a new, enhanced version of the «Advanced Self-Protection Integrated Suite,» or ASPIS II. Raytheon said it was one of the largest contracts it had ever won in the electronic warfare sector and said the deal could lead to future sales of the ASPIS II system. The new contract calls for a total of 60 complete integrated electronic warfare suites, consisting of the ALR-93 (V) threat warning system made by Northrop Grumman Corp, an ALQ-187 jammer, and an ALE-47 chaff/flare dispenser built by Britain’s BAE Systems Plc. The contract also calls for an additional 29 ALQ-187 jammers to equip existing Block 30/50 F-16 fighters with digital radio frequency memory capability.