Defence & Security Industry News - Raytheon Company
|Monday, September 22, 2014 12:53 PM|
|Jenoptik Defense & Civil Systems division signs cooperation agreement with Raytheon|
Raytheon Company and Germany's Lechmotoren, a company of the Jenoptik Group, signed a Letter of Intent to cooperate in mutually beneficial business opportunities related to Germany's air defense architecture, as well as significant exports to global markets.
Jenoptik provides Patriot batteries with its Patriot Hybrid Power Supply
The companies will examine opportunities in current international projects with Jenoptik state-of-the-art equipment. Jenoptik presented a prototype of their next generation technologies such as the new Jenoptik Patriot Hybrid Power Supply to Raytheon and Bavarian members of parliament, which initiated discussions about the significant fuel and maintenance cost reductions it would result in.
"We are very proud that this long-term partnership with Raytheon assures the ongoing success in serving international markets out of our Bavarian site," says Stefan Stenzel, executive vice president and 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 TVLS program, Global Patriot and beyond," said Doug Patrick, director of Integrated Air and Missile Defense Supply Chain, Raytheon Integrated Defense Systems.
As an integrated optoelectronics group, Jenoptik divides its activities into five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world mainly include companies in the semiconductor equipment manufacturing industry, automotive and automotive supplier industries, medical technology, security and defense technology as well as the aviation industry.